GENERICO.ruЭкономикаThe Ambassador spoke about the interest of Russian companies in projects in Senegal

The Ambassador spoke about the interest of Russian companies in projects in Senegal

MOSCOW, June 2 Russian companies are interested in building ports in Senegal, but there are no specific projects in this area yet, Russian Ambassador to Senegal Dmitry Kurakov said in an interview.
«Russian companies have an interest in the construction of port infrastructure in Senegal, but our specific projects do not yet exist. Yes, they make proposals to the Senegalese authorities, but so far they have not concluded any additional contracts. Maybe when production starts some minerals, such an opportunity will be in demand,” Kurakov said.
He added that “the largest blockade port in Senegal is now being built in West Africa, but by Emirati companies: with their financing, which exceeds one billion dollars.”

«For the Senegalese, it is important that investors come with their own financing. Nowadays, most large investment and infrastructure projects operate on the principle of public private partnership. That is, the company comes with its own financing, implements the project, and receives income from it project, through which they compensate for their expenses. This is how they are working at the moment and are waiting for the same initiatives,” the diplomat concluded.

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