AMI

Investment Promotion Agency organizes a Session to present the New Investment Code

Nouakchott

The Investment Promotion Agency in Mauritania organized today, Wednesday in Nouakchott, a session to present the new investment code.

During the session, a presentation was given covering the main provisions of the new Investment Code, its advantages, and the reforms adopted to improve the business climate and attract investments in Mauritania.

The Director of the Investment Promotion Agency in Mauritania, Mr. Talah Ahmed Mould, stated in his speech on the occasion that this code is not merely a legislative update or a technical amendment to existing texts, but rather a clear and vivid embodiment of Mauritania’s choice for legal stability, transparency, and clarity of rules, fundamentally aimed at building a modern, reliable investment environment capable of attracting long-term productive investments.

He explained that this code explicitly enshrines full equality between the national investor and the foreign investor, in rights and duties, and in access to incentives and guarantees, based on a firm conviction that true competitiveness is not based on discrimination, but on the fairness of rules, the stability of the legal framework, and equal opportunities.

It is worth noting that the updated Investment Code is based on three main pillars: the first is smart incentivization, through a system of tax and customs incentives aimed at productive sectors with high added value; the second is transparency and fairness, by upholding the rule of law, protecting rights, and ensuring the effective implementation of regulations, as investment can only thrive in an environment where contracts are respected and rights are safeguarded; and the third is national integration, by encouraging the transfer of skills and technology and supporting the participation of small and medium-sized enterprises in major value chains.

 

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