Deal #5558

Location #1

Spatial accuracy level
Administrative region
Location
Lake Rkiz, Mauritania

Target country
Mauritania
Comment on location
Western Basin

Land area

Intended size (in ha)
3200
Size under contract (leased or purchased area, in ha)
3200
Comment on land area
"realization of 2,200 hectares and the rehabilitation of 1,000 hectares"

Intention of investment

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

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 has provided a 10.40 billion ouguiyas (16 million euros) loan for the 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
Another case forms part of the loan- #5577.

July 20, 2017, 6:40 p.m.

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