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Jacobs and OCP announce JV agreement

Jacobs Engineering Group Inc. and OCP S.A (OCP) announced that they entered into a joint venture agreement. The new company, called Jacobs Engineering SA (JESA), will provide OCP with world-class tools to support its industrial strategy. JESA represents a powerful 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.

Equally owned by OCP S.A and Jacobs Engineering Group Inc., JESA, among other things, will contribute to the implementation of the necessary infrastructure elements for the development of the Jorf Lasfar Phosphate Hub (JPH). The new company will implement Jacobs' engineering systems and tools with staff from both OCP and Jacobs, as well as with local hires. It will provide, through this joint venture, project management, construction management and engineering services for OCP's U.S. $5 billion investment program in Morocco.

OCP Group is a worldwide leader in the phosphate rock and derivatives market, and is headquartered in Casablanca, Morocco.

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.



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