29 January 2013

Egypt: Mining Presidential Official Calls for Amending Current Law

Ibrahim Ismail, the official of the mining file in the Presidency said on Monday 28/1/2013 that mining in Egypt is one of the most promising sectors that will play a major role in pushing the locomotive of development.

He said that the current mining law should be amended as it was issued in 1956 and has not been changed since then, noting that the Shura Council is now studying a new law according to the new constitution.

Ismail added that the mining sector suffers many problems, including lack of resources control, poor usage, high wastage and nonpayment of the State's rights.

Copyright © 2013 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.