Deal #5557

Location #1

Spatial accuracy level
Administrative region
Location
Lake Rkiz, Mauritania

Target country
Mauritania
Comment on location
eastern basin of Lake Rkiz

Land area

Intended size (in ha)
3500
Size under contract (leased or purchased area, in ha)
3500

Intention of investment

Intention of investment
Agriculture unspecified
Comment on intention of investment
Project as part of the launch of the 2017-2018 agricultural campaign (part of the government's efforts to enable Mauritania to achieve the goal of food self-sufficiency).

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
Startup phase (no production)

Number of total jobs created

Jobs created (total)
Yes

Operating company

Comment on investment chain
Saudi Fund for Irrigated Agriculture provided a 10.40 billion ouguiyas (16 million euros) loan to the government for this project. loan repayable over a period of 25 years, with a grace period of 5 years.

 

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Data source #1

Data source type
Media report
File
Date
2017-07-18
Comment on data source
http://afrique.le360.ma/mauritanie/economie/2017/07/18/13502-mauritanie-104-milliards-douguiyas-du-fonds-saoudien-pour-lagriculture-irriguee-13502

Overall comment

Overall comment
The loan also covers another project- #5578.

July 20, 2017, 6:42 p.m.

overwritten

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July 20, 2017, 6:36 p.m.

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