investment opportunities in Mauritania

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investment opportunitiesin
Mauritania

• Email dgpip_at_investissement.gov.mr
• Téléphone 222 525 87 17
• Fax [phone]

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Niche sectors
Real potential but not valorized Agriculture,
Livestock and Fisheries
Extractive reserves with high export
potential Mining Oil
Emerging sectors Tourism Renewable Energy
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Outline
I- Potentialities/ assets by sector
II- Opportunities for private operators
III- Policies and strategic reforms
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Agriculture and Livestock Sectors
Potentialities
Potentialities
High Priority- 2008 Agricultural Year
Livestock Important and
diverse livestock (Growth Rate 3,5/year) Red
meat production 75.000T/year of which 40 is
exported on foot without VA Associated branches
still not exploited (red meat, leather and skins)
Irrigated Agriculture (Senegal River)
135.000 ha ready for Irrigated agriculture
on the Senegal River Only 20.000 ha
really cultivated Favorable agro-climatic
conditions Strong potential for
diversification Great fodder production
area

Assets production
areas accessible through paved roads
Proximity to regional and European
markets Favorable
Trade Agreements with EU and neighboring
countries Country free of
rinderpest Priority
given to sector development and food
self-sufficiency
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Diversified branches
Opportunities
Opportunities
Exporting cattle on foot Senegal-Mali-Morocco-Alg
eria-Libya soon. Possibility of transformation
after fattening and then export to the Maghreb
and Golf countries
Red meat
Primary production limited by the small
production of red meat Opportunity to develop
the sub sector and export to Europe, WA and
Maghreb
Leather and Skins
Unsatisfied domestic demand Imports 49,000 T per
year Small part of milk production traded
(lt10),the most important part is self-consumed.
Niche for export camels milk and cheese (Arab
countries , USA, Europe)
Milk and Diary products
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Diversified production chains
Opportunities
Opportunities
Cereals/Rice
Favorable Climatic conditions World Crisis and
escalation of price Coverage of national needs
only 24, remaining imported
Import Substitution mainly from the sub
region Small national production Exportation to
EU
Vegetables fruits
Import Substitution No national production, high
demand from farmers faced with the scarcity of
pasture Beginning of semi-intensive farming
Ilivestock productivity increased and also for
associated chains (milk, meat)
Cattle Food
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Agriculture and Livestock Sectors
Opportunities
Opportunities
Developing the sector through private investment

• Despite the existing potentialities,
• The national cereal production covers only 25 of
  the country's needs
• Some braches with considerable potential for
  valorization red meat, leather, skins, diary
  products
• The agricultural sector growth cannot be achieved
  without private sector Investments bringing
  modern and innovative technologies

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Fisheries Sector
Potentialities
Potentialities
Fishing strategic sector, 2nd pillar of the
country exports
Potential Fisheries 720 km coastal
facade 1.5 million t/yr which 100,000 t/yr of
demersal resources(Cephalopods, demersal fish,
crustaceans) 1,1 m t/yr of pelagic resources
0,3 m t/yr of bivalve mollusks not exploited
Sector place in the economy 4-6 of
national GDP / 95 of captures are exported /
40 of export revenue 25 of the fiscal
revenues 36 000 jobs in the modern sector 60
plants for treatment and storage approved for EU
exports
Domestic production Domestic production mostly
exported without Added value to EU, Asia, sub
region Only 10 processed High diversity of
fishes 700 of which are of high value
Fisheries Agreements Opening of
Mauritanian waters to European boats Actual
captures (700.000 t/yr) Industrial Fisheries
90 Artisanal and inshore fisheries 10
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Fisheries Sector
Opportunities
Opportunities
High potential for extensive growth, in a
context of worldwide resources shortage

• Strong demand for seafood from European and Asian
  markets
• Opportunities to invest in the processing and
  conservation industry
• Emerging Fisheries Development (anchovies,
  mollusks)
• Opportunities to develop aquaculture and breeding
• Development of Infrastructure extension of
  fishing port, new mining port, airports, basic
  services
• A strategy (2008-2012) towards a streamlined and
  sustainable management of resources and land
  valorization of fishery products for the
  sectors better integration of the sector to the
  national economy

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Mining Sector
Potentialities
Potentialities
Used to be the lung of the countrys economy in
the seventies and today main pillar of growth

• 13 of national GDP 11 budget revenues 12
  million iron ore / year (SNIM) 1.5 of world
  production of Iron   8 of EU iron imports
  6000 jobs

Very favorable geological context importance and
diversity of mining indices ( 700 indices
iron, gold, copper, diamond) Efficient
information system data room, mining cadastre
Growing sector 30 companies / 145 mining
titles Including 6 for the exploitation
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SNIM Mhaoudat/Guelb/Kédia 180 Mt of Hematite (65
iron) 600 Mt of Magnetite (35 iron)
Red Back (Lunin Group) Tasiast / Gold Réserves
40 tons dAu Production 120.000 oz/yr
Current Investors

• Agrineq S.A
• BSA
• Mauritanian Cooper Mine (MCM) / First Quantum
  Minerals
• Mauritanian Holdings Pty Ltd
• PT Bumi Resources Tbk
• SNIM
• Tasiast Mauritanie Limited SA
• Ashton Mining
• BHP
• Diamet
• Esgma
• General Mines Services
• ID Geoservices
• Mauritanian Metals Pty Ltd
• Murchison United NL
• SRET
• Somisel
• Sophosma
• Wadi Rawda

Operating Areas
First Quantum Minerals Akjoujt / Copper and
Gold Reserves 23 Mt Cu Au Production
120.000 t/ yr Concentrated to25 de Cop et 66.000
oz of Au/yr
SAMIA Gypsium / Sebkha NDramcha Reserves
140 Mt Production 50.000 t /yr
Sophosma Phosphate / Bophal Reserves 126 Mt
(21 P2O5)
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Mining Sector
Policies and strategic reforms

• sector policy aiming at developing mining
  research and exploitation of resources (eg copper
  plant in Akjoujt a gold factory recovery in
  TAZIAST)
• Institutional Strengthening of the Sector
  Project,(PRISM-WB, IDB)
• An improved legal framework mining code mining
  convention compliant to the standards
• Establishment of a mining cadastre
• Study of an iron ore pelletizing project (El
  Aouj project, SNIM)
• Construction of the railways Nouakchott-Kaedi
  for phosphate (PPP)
• New mining port in Nouadhibou
• Closeness of the main export market UE,

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SectorsOil andGas
Opportunities
Opportunities
Substantial Reserves Gas 70 billion m3 Oil
500 Million Barrels February 2006 beginning of
offshore oil production
dependency on imports No refineryGas only 10
of domestic energy versus coal, wood

• development of prospection and exploitation of
  oil
• Intensified exploration activities in the Onshore
  where promising indices
• Favorable Legal framework for promoting private
  investment mining code, PSC

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Chinguetti (Chenaux du Mioène
Prof. 800 m / 123 M barrels / 10 years /
Induced8 of growth in 2006)
Banda Chenaux du Paléocène, 45
billion m3 Gas must be enriched for use
(gas turbines)
More than 25 foreign companies, 41 blocks
allocated for oil gas
Operating Areas
Current Investors
Oualata (Chenaux du Miocène
Mixed field Gas (50m) / oil(220m) Reserves 250
million of barrels)
Tevet (Grès du Miocène Gas 68
m, Oil 44 m 50 to 100 million of barrels)
6 offshore deposits off shore including 4 very
important
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Tourism Sector
Potentialities
Potentialities
Growing sector( 18 per annum) Sahara,
coastline, oasis, cultural and ecology
Sector being organized Priority for Government
/PRSP II Favorable geographical position
Infrastructure development roads, Airports,
bridge on the Senegal River
Diversity of landscapes Natural reserves
protectedWealth of cultural heritage Tradition
of hospitality

• Capacities underdeveloped
• 6 Hotels in Nouakchott (in the standards)
• 3 Hotels in Nouadhibou

• Actors / Managers
• General Direction of Tourism
• National Tourism Office (ONT)
• New Touristic and hotel training centre
• Active Operating Tours 90 french
• 150 authorized travel agencies

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Renewable Energy
Potentialities
Potentialities
in a context of global energy crisis and
shortage of supply
high potential for solar and wind power
Generation
Electricity Electric Energy supply wide deficit
(Cv 54 urban and 3 rural)
Wind Average 7 m/s (10 m above ground) 7.641
KWh/m2/yr
Solar Average duration 8h/day 4,6 KWh/m2/day
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Renewable Energy
Potentialities

• Solar
• Currently used for only some applications The
  lighting , audio and audiovisual equipment, water
  pumping at small rural localities
• the abundance of sunshine in the country
• )

Potentialities
The R Es A solution for a clean and
alternative energy

• 
  Wind
• Unexploited Potential
• Lack of experience and technology