Port of Nouakchott Redevelopment
Sector: Water Supply and Storage • Location: Mauritania
Source: World Bank Group
The project involves the redevelopment and modernisation, building and operating a new container terminal in Nouakchott port, Mauritania. This is the first-time PPP project in the country. The new terminal will have an initial handling capacity of 250,000 TEUs with a potential extension for a maximum capacity of 600,000 TEUs. Sponsors are Meridiam and Olam International. Mauritania’s Comité Inter
- Status
- Prospective
- Sector
- Water Supply and Storage, Seaport, Government, Commercial
- Location
- Mauritania
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the redevelopment and modernisation, building and operating a new container terminal in Nouakchott port, Mauritania. This is the first-time PPP project in the country. The new terminal will have an initial handling capacity of 250,000 TEUs with a potential extension for a maximum capacity of 600,000 TEUs. Sponsors are Meridiam and Olam International. Mauritania’s Comité Interministériel des Développement des PPP awarded the project to the ARISE-Mauritanie JV on 5 October 2018 under a 30-year concession agreement. The project cost is USD 310 million. Africa Finance Corporation provided $160 million limited recourse debt financing. The remaining part is covered by equity contributions by the sponsors. Financial close was reached on 11 September 2019. http://www.meridiam.com/en/news/article/meridiam-reaches-financial-closing-of-nouakchott-port-in-mauritania https://ijglobal.com/data/transaction/48060/port-of-nouakchott-ppp https://ijglobal.com/articles/142841/meridiam-olam-close-on-nouakchott-port-ppp |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | Mauritania |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Seaport, Government, Commercial |
Article published date | 2024-09-27 |
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