Download H.E Mr. Sidi Mohammed Amjar, Minister of Investment Promotion

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Email : [email protected]
Téléphone: 222 525 87 17
Fax: 222 524 43 56
1
Real potential but not valorized
Agriculture, Livestock and Fisheries
Extractive reserves with high export potential
Mining &Oil
Emerging sectors
Tourism & Renewable Energy
2
I- Potentialities/ assets by sector
II- Opportunities for private operators
III- Policies and strategic reforms
3
High Priority- 2008: Agricultural Year
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
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)
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
4
Diversified branches
Red meat
Leather and Skins
Milk and Diary
products
Exporting cattle on foot: Senegal-Mali-MoroccoAlgeria-Libya soon. Possibility of transformation
after fattening and then export to the Maghreb
and Golf countries
Primary production limited by the small
production of red meat;
Opportunity to develop the sub sector and export
to Europe, WA and Maghreb
Unsatisfied domestic demand
Imports 49,000 T per year
Small part of milk production traded (<10%),the
most important part is self-consumed.
Niche for export: camel’s milk and cheese (Arab
countries , USA, Europe)
5
Diversified production chains
Cereals/Rice
Favorable Climatic conditions
World Crisis and escalation of price
Coverage of national needs only 24%, remaining
imported
Vegetables & fruits
Import Substitution mainly from the sub region
Small national production
Exportation to EU
Cattle Food
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)
6
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
7
Fishing …strategic sector, 2nd pillar of the country exports
Sector place in the economy
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
Fisheries Agreements
Opening of Mauritanian waters to
European boats
Actual captures (~700.000 t/yr)
Industrial Fisheries: 90%
Artisanal and inshore fisheries : 10%
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
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High potential for extensive growth, in a context of
worldwide resources shortage
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
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 sector’s better
integration of the sector to the national economy
9
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
Red Back (Lunin Group):
Mhaoudat/Guelb/Kédia
180 Mt of Hematite (65% iron)
600 Mt of Magnetite (35% iron)
Tasiast / Gold
Réserves : 40 tons d’Au
Production : 120.000 oz/yr
Bassin deTindouf
#
ss
des
ur
Ma
ier
cot
in
e
aî n
Ch
Ba
s
ide
itan
• Agrineq S.A
• BSA
• Mauritanian Cooper Mine
Dorsale Réguibat
(MCM) / First Quantum
Minerals
First Quantum Minerals : • Mauritanian Holdings Pty Ltd
• PT Bumi Resources Tbk
Akjoujt / Copper and Gold
• SNIM
Reserves : 23 Mt Cu + Au
• Tasiast Mauritanie Limited SA
Production : 120.000 t/ yr
Concentrated to25% de Cop • Ashton Mining
et 66.000 oz of Au/yr
• BHP
Bassin de Taoudeni
• Diamet
• Esgma
• General Mines Services
• ID Geoservices
• Mauritanian Metals Pty Ltd
• Murchison United NL
• SRET
• Somisel
• Sophosma
SAMIA :
• Wadi Rawda
Sophosma :
Phosphate / Bophal
Reserves : 126 Mt (21% P2O5)
Gypsium / Sebkha N’Dramcha
Reserves : 140 Mt
Production : 50.000 t /yr
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Policies and strategic reforms
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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,
12
dependency on imports
No refinery
Gas: only 10% of domestic energy
versus coal, wood
Substantial Reserves
Gas: 70 billion m3
Oil: 500 Million Barrels
February 2006: beginning of offshore oil
production
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
13
Chinguetti
(Chenaux du Mioène Prof. : 800 m /
123 M barrels / 10 years / Induced8% of
growth in 2006)
Banda
More than 25
foreign companies,
41 blocks allocated
for oil + gas
Chenaux du Paléocène, 45 billion m3
Gas must be enriched for use
(gas turbines)
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
14
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 protected
Wealth of cultural heritage
Tradition of hospitality
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
Capacities underdeveloped
 6 Hotels in Nouakchott (in the standards)
 3 Hotels in Nouadhibou

15
…in a context of global energy crisis and shortage of supply
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
high potential for solar and wind power
Generation
Solar: Average duration 8h/day
4,6 KWh/m2/day
16
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
)
The R Es…
A solution
for a clean
and
alternative
energy
Wind

Unexploited Potential

Lack of experience and technology
17