Rio Tinto

Enterprise development

Positive socio-economic impacts

Significant positive socio-economic impacts are achieved through sourcing products and services locally, via sub-contracts with local companies. We are actively engaged with our partners in a campaign to encourage community members and nascent entrepreneurs to start or grow companies. Our focus is on providing catering, cleaning construction, and transportation or production services to QMM and other local businesses.

The local economy of Fort-Dauphin is very undeveloped. We are working in partnership with local and regional government and NGOs to develop a positive and enabling business environment for small and medium sized enterprises.

Emerging enterprises need technical and managerial skills to win contracts with other companies – locally, regionally or nationally. Over-dependence on QMM as the sole source of contracts or employment is avoided. When the mine has closed, people’s livelihoods need to survive.

Dynamic and skilled suppliers will improve the investment climate for future potential investors in Madagascar, particularly those attracted to the region’s the new port.

Enterprises being developed include:

  • Business advisory services;
  • Training resources for entrepreneurs and small businesses;
  • Guidance, assessment and accreditation of emerging small businesses, with particular reference to safety and quality;
  • Education and alignment with accepted business procedures and quality standards;
  • Initiatives to encourage other local businesses to purchase locally; 
  • Promoting accessible and adapted products through banks.
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