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Signature(s)

Amount
€ 5,000,000
Countries
Sector(s)
Mauritania : € 5,000,000
Industry : € 5,000,000
Signature date(s)
30/06/2004 : € 5,000,000
Link to source
Data sheet
Other links
Summary sheet

Summary sheet

Release date
1 October 2003
Status
Reference
Signed | 30/06/2004
20010507
Project name
Promoter - financial intermediary
MAPESCA
MAPESCA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 6 million
EUR 8 million
Location
Sector(s)
Description
Objectives

Construction of fish processing plant in Nouadhibou designed to process fisheries resources into finished products ready for export.

To capture the high-end fisheries market through an industrial process which keeps fish fresh until reaching the final consumer.

Environmental aspects
Procurement

The fisheries resources

required by the project are not obtained by intensive industrial fishing. The fishing methods used by small-scale fishermen (dugout canoes) are selective.
The inshore fishing fleet is under-employed and its development would promote landings at Nouadhibou within the limits of the port's current capacity.

Civil engineering and equipment suppliers will be selected on the basis of an international call for tenders in Mauritania and the EU countries. The Bank's rules will be complied with.

Comments

Fisheries

Link to source
Summary sheet
Other links

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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