Release date: 1 October 2003
Promoter – Financial Intermediary
MAPESCALocation
Description
Construction of fish processing plant in Nouadhibou designed to process fisheries resources into finished products ready for export.
Objectives
To capture the high-end fisheries market through an industrial process which keeps fish fresh until reaching the final consumer.
Comments
Fisheries
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 6 million
Total cost (Approximate amount)
EUR 8 million
Environmental aspects
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.
Procurement
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.
Status
Signed - 30/06/2004