You are here : News  >  News
Latest News
28

FlexiCadastre selected as Guinea’s new Mining Cadastre System

posted on
FlexiCadastre selected as Guinea’s new Mining Cadastre System

Spatial Dimension is pleased to announce that FlexiCadastre has been chosen as the new mining cadastre for the Republic of Guinea.

Guinea recently went out on international tender for a new mining cadastre system through the Support for Governance in the Mining Sector Project (Project D’Appui à la Gouvernance dans le Secteur Minier or PAGSEM).

The aim of the PAGSEM project is to increase the capacity and improve the performance of various Government institutions involved in the extractive sectors in Guinea. Beneficiary organisations include the Ministry of Mines and Geology, the Ministry of Economy and Finance, the Ministry of Budget, the Ministry of Environment and the Ministry of Transport. The project is funded by the World Bank to a value of USD20 million.

Mining is a critically important sector in Guinea. It accounts for about 25% of the country’s gross domestic product and about 95% of export earnings. Guinea holds two-thirds of the world’s largest reserves of bauxite.

“The Government has taken a number of recent steps to improve both the management and the performance of the mining sector. These include legal reforms, Compliant Country status within the Extractive Industries Transparency Initiative (EITI) and the publication of mining agreements through www.contratsminiersguinee.org. The implementation of a modern mining cadastre system will allow the Government to continue improving the efficiency and transparency of mineral licensing within the country,” said Bill Feast, CEO of Spatial Dimension.

The project, subject to contract finalisation, is anticipated to start in September 2015 and will have a duration of 20 months.

Posted in: | Tags: | Comments (0) | View Count: (3822)
Comment function is not open