Saudi Arabia and Mauritania are celebrating 96 years of diplomatic relations, marking a significant milestone in their historical ties. The relationship between the two countries has been strengthened through various diplomatic efforts, with Saudi Arabia's Ambassador to Mauritania, Dr. Abdulaziz bin Abdullah Al-Raqabi, playing a key role in promoting economic cooperation. The ambassador has engaged with Mauritanian officials, business leaders, and representatives from various sectors to enhance bilateral relations.
A Saudi delegation of around 100 businessmen and investors, led by the Saudi Minister of Investment, recently visited Mauritania to explore investment opportunities. The visit resulted in the signing of several investment agreements in strategic sectors such as energy, agriculture, and infrastructure. One notable project is the Nouakchott-Ndiago power plant, developed in partnership with Saudi Arabia's ACWA Power, which will have a production capacity of 230 megawatts and is valued at approximately $669 million.
In the agricultural sector, Saudi company Al-Reef is working on a large-scale project covering an area of around 53,000 hectares, highlighting Saudi Arabia's growing interest in Mauritania's agricultural potential. These investments demonstrate Saudi Arabia's commitment to strengthening its economic presence in Mauritania and supporting the country's development.
The growing economic relationship between Saudi Arabia and Mauritania is built on decades of cooperation between the two countries. Since 1979, the Saudi Development Fund has financed over 31 projects in Mauritania, reflecting the strong historical ties between the two nations. The King Salman University Hospital and the King Salman Relief Center's humanitarian initiatives in Mauritania are examples of this long-standing cooperation.
The Saudi ambassador's activities in Nouakchott have included meetings with Mauritanian officials, business leaders, and representatives from various sectors. These efforts aim to promote economic cooperation and follow up on investment files between the two countries. The establishment of the Mauritanian-Saudi Business Council is also expected to provide a institutional framework for enhancing economic relations between the two countries.
The new phase of Saudi-Mauritanian relations is characterized by a growing focus on productive investments, with energy, agriculture, infrastructure, health, and food security emerging as key areas of cooperation. The Saudi embassy in Nouakchott is playing a crucial role in promoting these economic ties, and the recent visit by the Saudi minister of investment is expected to further boost cooperation between the two countries.
As Saudi Arabia and Mauritania celebrate their historical ties, they are also looking to the future, with a focus on strengthening economic cooperation and promoting mutual investment. The two countries are expected to continue working together to enhance their bilateral relations, with a focus on sustainable development and economic growth.
Key points
- Strengthening economic cooperation between Saudi Arabia and Mauritania.
