In 2007, VCBank along with its investors funded the strategic growth plan of JAFCCO. This comprised the development of a state-of-the-art industrial complex specialising in the manufacture of chemical fertilizers and other kinds of chemicals that previously had to be imported into the MENA region. Since its incorporation in 1997, JAFCCO has established a strong name in the chemical fertilizers industry, specializing in the manufacture of high-quality sulphate of potassium (SOP) and hydrochloric acid (HCL) as a by-product of SOP. Due to a combination of technical and geo-political issues, operations ceased in 2020. VCBank is currently in discussions with several potential strategic investors with the objective of restarting operations under new management, through which to generate a partial or full exit.