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Mineral Development Support Project

Sector: Chemical (Industrial) • Location: Burkina Faso

Source: World Bank Group

Project
Closed

The objective of the Mineral Development Support Project is to strengthen the capacity of key institutions of Burkina Faso to manage the industrial mineral sector. There are three components to the project, the first component being fostering beneficial mineral resources development. The objectives of this component are to secure increased private sector investment in mining, and increase value de

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The project “Mineral Development Support Project” is an infrastructure initiative in the Chemical (Industrial) sector, located in Burkina Faso. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

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closed

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Description

Description

The objective of the Mineral Development Support Project is to strengthen the capacity of key institutions of Burkina Faso to manage the industrial mineral sector. There are three components to the project, the first component being fostering beneficial mineral resources development. The objectives of this component are to secure increased private sector investment in mining, and increase value derived by government from these investments through: (i) updating of the national mining policy, legal and regulatory frameworks, and (ii) improvement in the availability of geo-scientific information and in sector promotion. The second component is the strengthening institutional sector management, coordination, and accountability. The objective of this component is to strengthen the institutional capacity of the government and other stakeholders for efficient and transparent mineral sector management through improved sector management capacities at the ministries in charge of mines, finance, and environment. Finally, the third component is the project management. This component will support project implementation and management by a Project Management Team (PMT) located in the Department of Mines under the Ministry of Mines, Energy and Quarrying (MMQE).

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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