A Chilean company arrives to the Moroccan market.

Through International Desk, it was determined that a Chilean company participates in an open tender offered by a Moroccan state company leader in the sector of phosphates in the world.

Tehmcorp, a Chilean company who belongs to the large corporate segment, along with a Chilean-American consortium formed with UPS APTEC LIMITED, has successfully participated in an open tender by the Moroccan state company world leader in phosphate OCP. The amount of the contract awarded is approaching 50 million euros Thus; the Chilean company is installed with a major project in Morocco.

This operation has been achieved through the coordinated network of the International Desk areas of Chile and Africa, and the support of Attijariwafa Bank, the largest bank in Morocco and major African bank in which the Santander Group is a shareholder.

Attijariwafa bank has issued bid bonds for the project, with the support of BancoSantander Chile, as well as managing and advising the consortium in many other financial and banking solutions.