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Madagascar: Japan wants to revive its mining investments in island

With the return of constitutional order in Madagascar and the election of the president Hery Rajaonarimampianina, the Japanese investors now want increase their presence in the island.
Last Friday, representatives of the NEXI insurance company (Nippon Export and Investment Insurance) which is in charge of protecting Japanese investment in foreign markets made visit to the Minister of the strategic resources of the island, Joeli Lalaharisaina.
"The case of the Ambatovy project * has particularly concerned this delegation, we reassured them. Moreover, the current Government remains open to partnerships and cooperation with the outside world. We make sure that foreign investments are effective and benefit the Malagasy people as investors. Regarding the mining licenses, the suspension of grants will not last. We just have to settle some details", said Minister Joeli Lalaharisaina.
Representatives of the company NEXI have thus multiplied the meetings last week to explore and assess the business climate in Madagascar. According to Minister of strategic resources, Joeli Lalaharisain, contacts were fruitful and "promising".
The Japanese Institution for the exploration and exploitation of raw materials (JOGMEG) has already enacted in partnership with the Department of strategic resources training on remote sensing and analysis of satellite images, as the Midi Madagasikara newspaper reported.
 * Nickel and cobalt mining project

Antso Rajaona

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