SEPH-NOUADHIBOU

Signature(s)

€ 5,000,000

Mauritania : € 5,000,000

Agriculture, fisheries, forestry : € 2,500,000

Industry : € 2,500,000

21/12/2005 : € 2,500,000

Summary sheet

1 July 2005

Signed | 21/12/2005

20040216

Société d’Élaboration des Produits Halieutiques

Société d’Élaboration des Produits Halieutiques (SEPH S.A.).

EUR 5 million.

EUR 10 million.

Mauritania

The project is intended to increase SEPH S.A.’s capacity to prepare, freeze and package seafood products. It consists of purchasing additional equipment for the plant, the acquisition of seiners and the construction of hardstanding and a pontoon.

Adding to the value, on land, of small pelagic resources, which are plentiful in Mauritanian waters.

This project does not involve any particular environmental difficulty. Measures have been taken to reprocess and enhance the value of the waste products. Scientific studies have confirmed that the pelagic resources are only being moderately exploited and are able to bear an increase in fishing activity. Hygiene and health safety rules will be applied in accordance with EU directives.

The promoter, operating in the private sector, will use the international enquiry procedure, in accordance with the Bank’s Guide to Procurement.

Fisheries.

Photogallery

Additional equipment for a seafood preparation, freezing and packing plant in Mauritania — SEPH-Nouadhibou
©EIB

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