Detailed investment plan
The 40 billion MAD is divided into three major envelopes: (1) 22 billion MAD for decarbonizing existing sites (Khouribga, Youssoufia, Benguerir, Jorf Lasfar) with rooftop solar panel installation, electrification of transport equipment, and CO2 capture-sequestration from chemical processes; (2) 12 billion MAD for constructing a new green ammonia plant in Jorf Lasfar; (3) 6 billion MAD for next-generation fertilizer R&D.
Casa Stock Exchange impact: OCP, MASI's locomotive
OCP is Casablanca Stock Exchange's reference stock with 425 billion MAD market cap (mid-May 2026), representing 28% of total market capitalization. The plan announcement triggered a 12.5% price increase in May 2026, propelling MASI to +4.1% on the month (strongest 2026 monthly performance to date).
Job creation and regional impact
The plan provides for creating 12,000 direct jobs + 35,000 indirect jobs in upstream/downstream sectors. Main beneficiary regions: Khouribga (4,000 jobs), Béni Mellal (2,000), Safi (3,000), El Jadida-Jorf Lasfar (5,000), Marrakech-Benguerir (2,500), Midelt-Errachidia (300 jobs linked to Noor Midelt ammonia).
Article based on official public data + wafir.ma expert sources. All cited statistics are verifiable with the mentioned organizations.
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