Mining industry to get boost in 2016

The Ministry of Mines, Industry and Technological Development is poised to execute a draft budget of FCFA 10, 019,000,000 if approved. The amount was defended before the Committee of Finance and Budget of the National Assembly by Minister Ernest Gwaboubou on November 30, 2015. According to the Minister activities started in 2015 will be completed in 2016 with the proposed budget. Priority, Mr. Gwaboubou said will be placed on improving information as well as geological and mining governance.

To the Minister of Mines, Industry and Technological Development attention will also be focused on the diversification and improvement of industrial sector competitiveness through the organisation and implementation of the Industrial Master Plan.  The popularisation of the law of the private investment incentives to encourage local initiatives and the development of a national strategy and policy for food safety and quality infrastructure development are also earmarked in 2016.

The proposed budget will also cater for institutional support and governance activities of the ministry. The representative of the Vice Prime Minister, Minister Delegate at the Presidency in charge of Relations with the Assemblies, Jules Doret Ndongo and the Minister Delegate to the Minister of Finance, Paul Elung Che assisted in the defence exercise.