A1262292147AxqWC

1
MINING LEGEND TO REALITY
2
SUMMARY

• some of the advantages of investing in Madagascar
  
• report on developments since last year
• recent developments on some of the major projects
  currently underway
• requests regarding the provision of services in
  Madagascar.

3
ACHIEVEMENTS

• Enactment of a new world-class mining code
• Adoption of a very attractive legal and tax
  regime for large-scale mining
• A new mining cadastre has been established to
  underpin the administration of this progressive
  legislation
• A highly improved geological, geophysical and
  geochemical infrastructure

4
ACHIEVEMENTS

• A special Committee has been set up to
  facilitate the process of large scale investment
  in Madagascar
• The Economic Development Board of Madagascar is
  functional at present
• The mining sector consumes 95.4 of the volume of
  the FDI in 2007
• Become member of EITI (Extractive Industries
  Transparency Initiative)

5
The mining sector a business opportunity in
Madagascar
VISION
Madagascar will become a prosperous nation with a
high growth economy.
COMMITMENT
The private sector is central to the achievement
of this vision. The President of the Republic
of Madagascar is committed to providing strong
support to the rapid and broad development of the
private sector.
6
Ministry of Energy and Mines
PRIORITY PROJECTS AND ACTIVITIES
The plan provides an advantageous investment
environment and a favourable platform for export
and repatriation of profits The plan actively
seeks new investment opportunities Facilitates
the passage from exploration to exploitation
7
Completion of the mapping programme will be
achieved in 2008International Final Symposium
scheduled on July 2008 in Antananarivo
8
The number of permits and licenses has grown
significantly over the past year
9
(No Transcript)
10
REQUESTS

• The search for new types of deposits in the
  future
• The joint-venture (B to B) between the foreign
  investors and the existing companies who have
  already mining licenses in Madagascar
• Improve the provision of services to support
  future exploration and development in the country

11
Thank you for your attention !