IFC Drives €100 Million Investment into OCP Group’s Desalinated Water Pipeline Project

Saturday, 14 September 2024, 20:10

IFC has secured a €100 million loan for OCP Group’s desalinated water pipeline project. This significant investment aims to enhance water accessibility for agricultural and industrial needs, supporting sustainable development. The funding will facilitate the construction of a vital infrastructure that addresses water scarcity challenges.
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IFC Drives €100 Million Investment into OCP Group’s Desalinated Water Pipeline Project

IFC's Major Contribution

The IFC has agreed to provide a loan of €100 million to OCP Group, aimed at enhancing water access through a new desalinated water pipeline.

Project Overview

  • Location: Morocco
  • Funding Value: €100 million
  • Purpose: Improve water supply for agricultural and industrial sectors

Significance of the Project

This loan by IFC is a stepping stone towards improving water sustainability in the region, helping reduce water stress and ensuring reliable resources.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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