Tunisia has officially approved a five-year strategy aimed at significantly increasing its phosphate production, with a total investment of approximately 525 million Tunisian dinars (around $165 million), according to local media reports on Monday.
The ambitious plan, set to launch in 2025, targets raising annual phosphate output by 1.5 million tonnes, reaching nearly 8.5 million tonnes by 2030.
This move comes in response to a strong rebound in the phosphate sector over the past year, following several years of declining output.
According to Abdul Qadir Al-Ameedi, General Manager of the state-owned Compagnie des Phosphates et de Chemin de Fer de Gafsa (CPG), the investment will be allocated primarily to modernizing equipment and expanding mining operations. About 238 million dinars (approximately $76 million) will be directed toward acquiring new machinery, while 242 million dinars (roughly $78 million) are earmarked for mine development.
The plan reflects Tunisia’s determination to revitalize its phosphate industry and strengthen its role in global phosphate markets over the next decade.