Jacobs, OCP Sign JV Agreement
The new company, called Jacobs Engineering (JESA), will provide OCP with tools to support its industrial strategy. JESA represents a combination of engineering, project management and construction management resources deployed to support OCP in implementing its strategic expansion plans.
At the same time, JESA will provide its services to other industrial projects both in Morocco and at the international level, all of which will serve to advance Jacobs' growth plans in the fertilizer industry and in the region.
Mostafa Terrab, CEO of OCP, said: “This partnership between two leading companies in their respective fields is an opportunity of perfect synergy for the development of engineering and infrastructure activities in the phosphate industry.”
Noel Watson, chairman of Jacobs, said: “Jacobs will strengthen its historical relationship with OCP through this joint venture. By associating with the leader of the phosphate industry and combining our energies and joint expertise, we build a stronger partnership for our mutual benefit in a promising sector.”
Will the agreement boost Jacobs' presence in the Moroccan region?
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