Incentives needed for mining sector


KUALA LUMPUR: The Federal Government should introduce suitable incentives for the domestic mining sector to make it more cost-competitive to attract both local and foreign investors, according to Malaysian Chamber of Mines (MCOM) executive director Muhamad Nor Muhamad.

Muhamad said the state governments, meanwhile, could offer support via a speedier decision-making process in the areas of applications, renewals of mining leases and exploration licences.

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Business , mining , malaysia , MCOM

   

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