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Tuesday, 05 August 2014

Nouakchott inaugurates capacity-doubling extension

Li Bing and Mohamed Ould Abdel Aziz Li Bing and Mohamed Ould Abdel Aziz

The Mauritanian port of Nouakchott has inaugurated a $300 million Chinese-built extension which doubles its capacity.

The new berths were built by China Communications Construction Company (CCCC) and funded by Export-Import Bank of China, both of which are state-owned. The Exim loan of 87 billion Mauritanian ougiya (roughly 2 billion Chinese yuan) is refundable in 20 years, with five years of grace period, at a 2% interest rate, according to Chinese news agency Xinhua.

The works have doubled the port’s capacity from 3 to 6 million tonnes per annum, according to Mauritanian news agency AMI.

CCCC says that the new berths are designed to handle general cargo vessels of up to 50,000 dwt and tankers of up to 10,000 dwt.

The completed facilities were inaugurated on Sunday by Mauritania’s freshly re-elected President Mohamed Ould Abdel Aziz and China’s Health Minister Li Bing, who was the special envoy of Chinese President Xi Jinping. The ceremony took place at the Port autonome de Nouakchott dit Port de l’Amitié (PANPA), or Friendship Port.

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