Mining law to mandate community development funds

Description: 

"A new mining law will compel the government to put a proportion of profits from the sector into a development fund so that local communities benefit from mining projects, says Minister for Mines U Myint Aung. ?The ministry is working to amend the by-laws so that there is a reserve fund for regional development. Income from the industry will go toward both corporate social responsibility projects and mine closure programs," U Myint Aung told the Pyithu Hluttaw on February 11..."

Creator/author: 

Ei Ei Toe Lwin

Source/publisher: 

"Myanmar Times"

Date of Publication: 

2014-02-13

Date of entry: 

2014-12-21

Grouping: 

  • Individual Documents

Category: 

Language: 

English

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