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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Mauritania : € 50,000,000
    Transport : € 50,000,000
    Signature date(s)
    28/06/2018 : € 50,000,000
    Link to source
    Data sheet
    Other links
    Summary sheet

    Summary sheet

    Release date
    18 September 2017
    Status
    Reference
    Signed | 28/06/2018
    20150008
    Project name
    Promoter - financial intermediary
    SNIM VIII
    SOCIETE NATIONALE INDUSTRIELLE ET MINIERE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 119 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the dredging works related to the deepening and enlargement of the access channel to the Port of Nouadhibou solid bulk terminal, where iron ore from the Société Nationale Industrielle et Minière (SNIM) production facilities is handled. The project will allow bigger vessels to berth at the SNIM terminal increasing the environmental sustainability of the supply chain associated to SNIM's business model.

    The project consists of the capital dredging works related to the deepening and enlargement of the access channel to the Port of Nouadhibou solid bulk terminal, where iron ore from the SNIM production facilities is handled. The project will allow bigger vessels to berth at the SNIM terminal increasing the operational efficiency and environmental sustainability of the supply chain associated to the business model of SNIM. The construction is expected to last a total of 14 months.

    Environmental aspects
    Procurement

    If within the EU, the project would fall under Annex I of the EIA Directive 2011/92/EU and would require a full Environmental Impact Assessment (EIA). In compliance with these requirements, an environmental and social impact assessment (ESIA) is being prepared and public consultations shall be undertaken. Once the ESIA is approved by the environmental authority, an enhanced Environmental and Social Management Plan (ESMP) will also be prepared. During the appraisal process the Bank will check the compliance of the above mentioned procedures and documents with the EIB's environmental and social standards.

    The Bank will require the promoter to ensure that all contracts for the implementation and operation of the project have been or shall be tendered in accordance with the Bank's Guide to Procurement. Procurement procedures and status for the various project components will be checked in detail during the appraisal process.

    Comments

    The Borrower is a repeat and long-term client of the EIB.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - SNIM VIII - EIES Projet de Dragage du Chenal du Port Mineralier de Nouadhibou - Page de Garde
    Publication Date
    20 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    79650354
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNIM VIII - EIES Projet de Dragage du Chenal du Port Mineralier de Nouadhibou - Volume I : Résumé Exécutif
    Publication Date
    20 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    79654733
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNIM VIII - EIES Projet de Dragage du Chenal du Port Mineralier de Nouadhibou - Volume II : Project et Reglementation
    Publication Date
    20 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    79672780
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNIM VIII - EIES Projet de Dragage du Chenal du Port Mineralier de Nouadhibou - Volume III : Etat Initial
    Publication Date
    20 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    79648049
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNIM VIII - EIES Projet de Dragage du Chenal du Port Mineralier de Nouadhibou - Volume IV : Impacts et Mesures
    Publication Date
    20 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    79653202
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNIM VIII - EIES Projet de Dragage du Chenal du Port Mineralier de Nouadhibou - Volume V : PGES
    Publication Date
    20 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    79654857
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNIM VIII - EIES Projet de Dragage du Chenal du Port Mineralier de Nouadhibou - Volume VI : Consultations
    Publication Date
    20 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    79649349
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNIM VIII - EIES Projet de Dragage du Chenal du Port Mineralier de Nouadhibou - Volume VII : Annexes
    Publication Date
    20 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    79661720
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - SNIM VIII
    Publication Date
    27 Jan 2018
    Document language
    Main Topic
    Lending
    Document Number
    78734180
    Document Focus
    Environmental Information
    Project Number
    20150008
    Sector(s)
    Countries
    Publicly available
    Download now
    Link to source

    News & Stories

    Other links
    Data sheet
    Summary sheet

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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