Summary:

On 31 December 2025, Morocco’s state-owned phosphate producer, OCP Group,  signed a MAD 2.05 billion (USD 205 million) contract with China’s Shanghai Zhenhua Heavy Industries (ZPMC) for the supply of bulk cargo handling equipment at the Port of Safi, with delivery expected within 30 months.  

The agreement supports OCP’s logistics and export infrastructure as the group continues to expand capacity amid strong global demand for phosphate-based products. The deal also strengthens ZPMC’s international footprint, aligning with its position as a leading global supplier of port equipment. 

The contract comes against the backdrop of robust financial performance by OCP, driven by favorable market conditions, including higher fertilizer prices due to supply constraints from China and sustained demand in Europe, Africa, and emerging markets such as India and Brazil.  

Outlook: 

The agreement underscores Morocco’s strong investment environment in strategic industrial and logistics infrastructure, particularly within the phosphate and fertilizer value chain. It also reflects deepening cooperation between Moroccan state-owned entities and Chinese industrial partners, supported by Morocco’s stable regulatory framework and long-term development strategy.  

The deal also reinforces Beijing’s strategic industrial and commercial footprint in North Africa and along Atlantic-facing trade routes, further positioning Chinese companies as key partners in large-scale infrastructure and export-oriented projects across the region. 

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