Mining Code Available in Several Languages to Attract Investors

The Malagasy extractive sector is taking a step forward toward greater transparency. During an official ceremony at the Mining Business Center in Antananarivo, EITI Madagascar presented its new website and a digital online reporting platform.

This new platform allows mining companies to report payments made to the government online, while also providing access to information on the companies’ true owners. The goal is to make mining activities more transparent, fight corruption, and attract responsible investors. During this event, EITI Madagascar also presented the English and Chinese versions of the Mining Code.

An electronic document containing all the official texts in Malagasy, French, English, and Chinese was distributed. This facilitates understanding of the laws, especially for foreign investors, and reduces errors or abuses.

These advances are in line with President Andry Rajoelina’s vision for better management of natural resources. The government aims to strengthen good governance in this sector, which is so important to the country’s economy. The Director of Cabinet of the Ministry of Mines, Tahiry Rakotomalala, praised the work of the EITI and thanked partners such as the United States Embassy, which supported the project with funding from the U.S.

Department of State. The ceremony brought together several stakeholders: representatives from the government, the private sector, civil society, universities, and partner organizations. All emphasized the importance of these digital tools in building a fairer, better-controlled mining sector geared toward sustainable development.