Loan No: | 595 | Interest Rate: | 2.5 % |
Beneficiary: | Ministry of Equipment and Transport | Grace Period: | 7 years |
Project Cost: | KD 211.9 million | Maturity: | 25 years |
Amount of Loan: | KD 9.0 million | Repayment: | 37 semi-annual installments |
Date of Board Approval: | 2013-07-09 | First Installment: | 7 years following the first disbursement |
Date of Loan Agreement: | 2013-07-09 | Date of Loan Effectiveness: | - |
Objectives:
The project aims at developing air transport in Mauritania and accommodating national and international flights through the construction of a new international airport in Nouakchott able to handle the increasing demand for air transport. This project will help stimulate the economic and social development of the country.
Description:
The project, which is expected to be completed during the second quarter of 2015, includes the construction of the airport infrastructure in accordance with the principles, regulations and standard specifications of the International Civil Aviation Organization, in order to accommodate all types of aircraft, specifically Airbus 380 and Boeing 747. The airport will have a maximum annual capacity of around two million travelers. The project includes the following main components:
- Runways, Taxiways, Aprons and Service Roads: This includes the civil works necessary to construct two runways for landing and takeoff, one as the main runaway and designed to accommodate all types of aircraft, with a length of 3,400 m and a width of 60 m, and the other as a secondary and reserve runaway, with a length of 2,400 m and a width of 45 m. This component also includes taxiways parallel to the main runaway and aprons, as well as service roads inside the airport and parking for buses and cars outside the airport.
- Main Terminal and Airport Services Buildings:
- Main Terminal: This includes the construction and architectural works for the 20,000 m2 main terminal, comprising equipping the arrival and departure halls for passengers and air cargo, supplying and installing the necessary equipment and devices, halls for the airline companies to process passengers, luggage handling equipment and the necessary equipment to manage the terminal according to international standards. The terminal will also include spaces for commercial outlets such as restaurants and shops, which will be prepared at a later stage of the project’s execution.
- Airport Service Buildings: This includes the construction of an air traffic control tower, a fire fighting station and maintenance workshops for the mechanical equipment at the airport. This component also includes the construction of a presidential building, a cargo terminal and an aircraft station. .
- Air Navigation Devices: This includes the supply and installation of all necessary devices for air navigation, communication, meteorology and air traffic control. This component also includes the supply and installation of devices for the runaways and taxiways, electrical generators, transformers and an electricity distribution network.
- Other Equipment:
- Airport Operation Facilities: This includes the supply and installation of all necessary equipment and devices needed to operate the airport and ensure both land and air navigation safety.
- Public Utilities: This includes the construction of a road to connect the airport to the main road network, the supply of electricity, and the establishment of the communication, water and sewerage networks. .
- Technical and Consultancy Services: This includes the necessary services for the preparation of studies, designs and tender documents, assistance to the project implementation unit in selecting contractors and suppliers, as well as supervision of project implementation.
Financing:
The Arab Fund’s loan covers about 4% of the total project cost. A private company which has been set up in order to finance and execute this project, will be providing the equivalent of about KD 193.6 million (about 91%). The Mauritanian Government will cover the remaining cost of the project and any additional cost that may arise