As part of the international mining promotion, the Ministry at the Presidency in charge of Mines and Petroleum and the Mining register Office of Madagascar, carried out several “road show” “Since the beginning of 2016: MINING INDABA in South Africa and PDAC in Canada are the best known. Madagascar was also at MINES AND MONEY in Hong Kong and at the 23rd edition of the INDUSTRIAL MINERALS INTERNATIONAL CONGRESS AND EXHIBITION in Prague, Czech Republic in June. And most recently, Madagascar was represented at the AFRICA DOWNUNDER 2016 in Perth, Australia on the 7th to the 9th of last September, always with the aim of seeking new opportunities and achieving one of the objectives of the National Development Plan (NDP) Which is to make the mining sector “a main strategic sector for the development of Madagascar”. The Malagasy delegation was led by the Presidency minister in charge of Mines and Petroleum: ZAFILAHY Ying Vah.
With its 14 years of existence, PayDirt Australia organized a conference for three days dedicated to the African mining sector, a unique opportunity for the Malagasy mining sector, whose objective is to attract new investors, but above all to establish a tight cooperation between the two countries: Madagascar and Australia.
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Many major actors in the African and Australian mining sector participated in the Africa Downunder 2016 such as: African Ministers, Ambassadors, investors, CEO of several Australian companies, financials, consultants, service providers Upstream and downstream … Around forty speakers took the floor during the three days of the event and many themes focused on the mining sector in Africa have been developed. The Head of the Malagasy Delegation explained to a load of experts the potential of the great island in terms of mines and oil, the legal frameworks for mining and oil investment, the Mining Code improvement project. He insisted on two main points: enhancing will be made to the new Mining Code in order to have a “win-win” partnership, all the mining projects in Madagascar must have positive socio-economic impacts at the level of the local population and better consideration of the environment.
Accompanied by technicians from his department, the Head of the delegation had several meetings during the Africa Downunder, they were able to discuss different topics with Ambassadors, academics, business leaders. The Minister at the Presidency in charge of Mines and Petroleum also encounter his African counterparts, experience exchanges were made.
Besides conferences and meetings, the delegation also held a stand during the three days of conference for those who wanted to have more information on the Malagasy mining and petroleum sector.
Madagascar’s participation in Africa Downunder 2016, which was very successful, demonstrates the Malagasy government’s willingness to revive and revitalize a key sector of the country’s economic development: the mining and oil sector.