Search

(...) The decline in exports of palisander wood is the result of the ban on exporting precious woods unless they have been worked. (...)

Box 2.1 Land reform and foreign investment in agriculture
(...) Since 2008, around 150,000 hectares have been taken up by foreign direct investment, primarily for the production of biofuels (especially Jatropha oil). Most of this production is for export. (...)
Currently, the number of projects under way or in the pipeline in the agricultural sector has fallen to around a dozen, focusing on the production of Jatropha based biofuels and, to a lesser extent, cereals and oilseeds. (...)

Work on developing the "biofuels" subsector will be stepped up with a view to extending it to other suitable regions for such activities.

The Government has identified four priorities for its new mining and petroleum policy:
• To standardize specifications for petroleum products in each category (diesel fuel, gasoline, lubricants, fuel oil); to propose new standards for less polluting fuels that are less hazardous to health; and to promote biofuels such as ethanol and biodiesel.
(...)

(...) Increasing the generation of electricity remains an essential criterion for the country's industrial development. Several economic operators would be interested in entering the energy sector because demand is far from being satisfied and Madagascar has vast renewable energy potential, provided that a clear and transparent commercial policy is adopted.

The Government views the exploitation of renewable energy as an important way of developing the energy sector. According to estimates, Madagascar has 7 gigawatts of hydropower potential, of which only 3 to 5% are being used. (…)

According to the authorities, the energy policy being drafted will define the mechanisms to provide security for foreign investment. The Government's current projects focus mainly on renewable energy and rural electrification. (...)

(…) Since 2008, customs duty modifications have been mostly downward and have affected mainly inputs for agricultural production (Section 4.1.1.1). [17] (…)

[17] (…) In 2013, duties and taxes were waived on imports of a range of appliances and equipment powered by renewable energy; (...)

(…) The 2013 Finance Law declared that tax exemption for alternative and renewable energy infrastructure would continue.

(...) Customs duty was waived in 2010 on equipment for the generation of renewable energies. This was followed in 2011 by a VAT waiver for wind- and water powered generators. (…)