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Fuente: Informe económico y comercial
4.1 BUSINESS OPPORTUNITIES FOR FOREIGN COMPANIES
The market is highly concentrated around the two most important cities of the country, the capital Nouakchott (about a third of the total population) and Nouadhibou, with seaports equipped with container terminals and port lines which they make the route of the 'West Africa. In addition, the two cities have experienced significant population growth in recent years, mainly due to internal migratory flows.
It is important to note that price is a determining factor when it comes to being competitive in the market.
4.1.3 BUSINESS OPPORTUNITIES
Mining companies have already set up consulting, engineering and logistics services.
The fishing industry needs equipment and machinery for processing fish. There may also be opportunities for renewal of the Mauritanian fleet, whether with new or used boats.
The construction sector has grown a lot in recent years.
The 2012 Investment Code gives priority to the renewable energy sector; and there are several projects in this direction both in photovoltaic and wind power.
The agricultural sector is also a priority for the government, given the untapped agricultural potential of the country. In this area, the needs for agricultural machinery and equipment and irrigation equipment stand out.
On the other hand, the agri-food sector continues to take an interest in its entire range of products, since Mauritania imports 70% of its food needs.
2 Memoradums of Understanding (MoU) relating to agriculture and rural development (June 2014) and tourism cooperation (January 2015) have been signed with Spain, but without financial commitment.
4.1.4 SOURCES OF FUNDING
The sources of funding for projects in Mauritania are mainly:
The World Bank,
The European Union (via the European Development Fund, EDF),
The Islamic Development Bank (IDB),
Arab Development Funds (FADES) and
The African Development Bank in regional projects, such as the Senegal River Development Office (OMVS) and the Permanent Interstate Committee for Drought Control in the Sahel (CILSS).
Likewise, in some sectors, bilateral donors are actively involved, highlighting Spain, France, Germany and, in recent years, China.