Executive Director of the National Bank of Mauritania (BNM), Mohamed El Hamed, delivered a plea for PPPs in Mauritania and the G5 Sahel countries on the sidelines of the XIth PPP meetings, held on 21 and 22 March 2018 in Paris.
“You must know that the founding members of the PPP Mauritania Club are the leaders of our National Bank. It was first our president Mohamed Ould Noueigued who came up with the idea, having found that there was unfortunately no framework for consultation between the state and private economic actors, “said the banker in comments relayed by the letter Africapresse.Paris.
Building on its experience with an ad hoc PPP law and a PPP club, Mauritania is proposing to broaden the horizon to a G5 Sahel PPP Accelerator Business.
In particular, Nouakchott is working on two large PPP projects: the Nouakchott-Boutilmit motorway (150 km) and the large hydrocarbon storage center that will be located in Nouadhibou.
As a reminder, BNM has invested $ 80 million in the construction of the international airport of Nouakchott-Oumtounsy, which has been operating since June 2016. This is an original and profitable editing, commented the banker: “The Mauritanian state did not have to pay a single penny! He only gave land. “A find to be reproduced probably in the Sahel that lacks foreign exchange but no land.
