Overview of Extractive Industries in Madagascar

At present oil, gas and mining resources account for less than 4% of GDP.  However, all that is set to change.  The minerals sector is seeing a heavy inward flow of capital investment for ilmenite, nickel/cobalt, chromite, chrome iron ore, uranium.  Also a large number of oil exploration blocks have been offered - both onshore and offshore - and some exploration activity is under way.

Transparency is one of the major pillars of the good governance reforms for the Government of Madagascar. Though the Madagascar Action Plan (MAP), the Government has committed to transparency in the mining sector as an important element to achieve integrated and sustainable development.

Status of EITI Implementation

Madgascar was accepted as an EITI Candidate country on 22 February 2008.

Madgascar has until 9 March 2010 to undertake Validation.

A completed, costed and targeted workplan was agreed in December.

Governance of EITI Implementation in Madagascar

Madagascar is currently modifying its governance structure. However, the chairperson and focal point is as below:

Madagascar EITI Chairperson

Mr. Andry Ralijaona
Governance, Mines and Oil
Advisor to the President
Tel: +261 33 11 743 54
E-Mail:Ralijaonapresidency [dot] gov [dot] mg  

Madagascar EITI National Coordinator

Harifidy Janset A. Ramilison
Presidency - Madagascar
E-Mail: r [dot] harifidymoov [dot] mg

For further information, please contact (Eddie Rich) in the EITI International Secretariat.