Philippines Aims to SlashMining Permit Processing Timeby 2024

The Philippines' Department of Environment and Natural Resources aims to reduce mining permit processing time from six years to one to three years by fully digitalizing exploration permit and Mineral Production Sharing Agreement processes. The agency plans to implement the digitalized process by the end of 2024 to attract more investment and stimulate growth in the sector.

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Bijay Laxmi
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Philippines Aims to SlashMining Permit Processing Timeby 2024

Philippines Aims to SlashMining Permit Processing Timeby 2024

The Department of Environment and Natural Resources (DENR) in the Philippines has announced ambitious plans to dramatically reduce the processing time for mining permits from the current six years down to just one to three years. The agency aims to achieve this goal by fully digitalizing exploration permit (EP) and Mineral Production Sharing Agreement (MPSA) processes, with a target implementation date set for the end of 2024.

The Philippines' mining industry has long been hindered by lengthy permit processing times, discouraging potential investors and slowing down the sector's growth.

Why this matters: The streamlined permit process could have a significant impact on the country's economy, as the mining industry is a major contributor to the Philippines' GDP. By reducing processing times, the government aims to attract more investment and stimulate growth in the sector, which could have far-reaching benefits for the country's development.

DENR Secretary Maria Antonia Yulo-Loyzaga emphasized the agency's commitment to streamlining the permit process, stating, "We are indeed in the process of digitalizing these permits and processes, and we hope to implement them and be online by this year." The digitalization initiative is expected to significantly improve the ease of doing business for investors in the mining sector.

Frederick Go, special assistant to the president for investment and economic affairs, praised the collaboration with Secretary Loyzaga in enhancing the mining sector, stating, "The goal for this is the ease of doing business [for investors], and it has been a pleasure working with Secretary Loyzaga in improving this, especially with the mining sector."

As part of the digitalization efforts, the DENR plans to test digitalized processing for Environment Compliance Certificate projects. The agency also intends to process permits simultaneously rather than sequentially to further improve efficiency. In November 2022, the DENR announced its commitment to transitioning from traditional paper record management to advanced digital platforms.

To support investors in surveying potential areas for investment, the DENR, in collaboration with other agencies, is developing a common operational geospatial platform. This platform will provide information on the location of mineral resources and essential infrastructures necessary for mineral production, facilitating informed decision-making for investors.

The streamlined permit process is expected to boost investor confidence and position the Philippines as a more competitive destination for mining projects in the region.