This is an interesting development, I think the 600 tons annually must be a type error. This would have to be Coal from IEC surely?
Magufuli tells NEMC to issue permit to Coal exporters
Thursday April 4 2019
In Summary
Advertisement
- President John Magufuli directed the National Environment Management Council (NEMC) to issue an environment permit to allow China and India to export coal from Ruvuma through Mtwara port in the next five days.
By Josephine Christopher @JocfineQ [email protected]Dar es Salaam. President John Magufuli today, April 4, 2019 directed the National Environment Management Council (NEMC) to issue an environmental permit that will allow China and India to export coal form Ruvuma through Mtwara port within five days.
The directive came after the minister for Works, Transport and Communications Isack Kamwelwe raised concerns that the investor’s actions had been delayed due to lack of the required permits from the relevant authorities.
President Magufuli said this while gracing the opening of the Mangaka-Nakapanya-Tunduru-Mtambaswala Road in Mtwara Region.
The minister said that India and China had been in plans to export 600 tonnes of coal each from Ruvuma through Mtwara Port annually, but they were waiting for a go ahead from NEMC.
The President said, “We can’t lose an exciting economic opportunity because we are waiting on a bureaucratic decision that may take a year to be made. Because when we allow the export of coal to these countries there are countless number of people are employed at different levels”.
The minister said the development of infrastructure such as roads is one of the contributing factors that attract investments in the southern regions.
According to the minister the Mangaka-Nakapanya-Tunduru-Mtambaswala Road covers a distance of 202.5 kilometers.
“The road from Mangaka up to Tunduru covers 137 kilometers and nearly Sh126 billion has been spent. While the road from Mangaka to Mtambaswala covers 65.5 kilometers and Sh56 billion was used to construct this section,” he said.
The minister noted most of the funds that was used to construct the road was from donors such as the African Development Bank (AfDB) that funded 64.79 per cent and Japan International Cooperation Agency (Jica) who brought in 32.83 per cent while the government of Tanzania contributed 2.38 per cent.
- Forums
- ASX - By Stock
- IEC
- IEC Intra Energy
IEC Intra Energy, page-57
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IEC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.690M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 62834946 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 15955106 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 62834946 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 15955106 | 10 |
0.003 | 23741113 | 8 |
0.004 | 65000 | 1 |
0.006 | 250000 | 1 |
0.007 | 40000 | 1 |
Last trade - 16.12pm 16/10/2024 (20 minute delay) ? |
Featured News
IEC (ASX) Chart |
Day chart unavailable
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online