Rents and licenses The most prominent reservations of Representatives to put quarries and mines

Big gap detection chamber building materials chairman Ahmed Abdel-Hamid of income for the state treasury, which had hoped for from the application of Law No. 198 for the year 2014 mineral wealth at 10 billion to reach 379 million pounds.He said, "Abdelhamid" during a meeting of the Committee on Industry House of Representatives on Tuesday, said that the very low impact on Egyptian exports and the high dollar.He cautioned that the law also created another gap closest to distinguish between quarries and mines to come on the application versus quarries mines showed rising rents and the proportion of royalties, prompting many of the quarries closed.Supported by MP Mohammad Zakaria, stressing that the most affected province of Minya, which resulted in rising violence in Minya to the high poverty rate due to the closure of quarries.While pointing investor in Mr. Badawi quarrying sector to try to remedy the Alaznh and reopening the quarry to the need to reduce the rental value of (5-7-9) for pounds (4.5.3) pounds, as a kind of easier for investors.Re Oil Minister Tariq Mulla that this figure mode (10 billion) a "fantasy," it is difficult to say for sure that after issuing the executive regulations of the law will be achieved this figure it is possible to be done to achieve a quarter or half of it, but also not only 379 million pounds.Another draw is Abdul Hamid Kamal assembly for the party is the lack of equality in the state's interest in mines and quarries as much attention to the oil in contravention of Article 32 of the Constitution, which requires equality in the exploitation of minerals.Abdul Hamid pointed out that the government's program in terms of metals was, without seeing or organization, thus opening the door in front of the largest private sector employer the right to benefit and also the informal sector to take advantage before the licensors.For his part, criticized the MP Ahmed Abu Khalil, that there are two companies working in the field of aircraft to Dubai, Qatar and gold mines did not occupy an Egyptian worker or a new stomach, pointing out that he saw himself gold smuggling.In reply, the Chairman of the General Authority for Mineral Resources Omar To'eima that Egypt is a state Takhtrm Taakedtha, and that the two companies have been licensing for them through the parliaments of 94 and 96, pointing out that the security situation in the 2011 impact on their performance, such as the effect on everything, especially that their work in the desert.Mullah revealed a surprise for the preparation of the executive regulations of the law 10 days ago handled the reservations put forward by the House of Representatives during the meeting.He objected Mohammed Al Suwaidi, Chairman of the Committee on the issuance without a session with the "Committee for Industry" was held, and stressed the Tkhvz Allhnh Khq to grant licenses for localities, and checkpoints for Mkharbh smuggling of mineral resources, to be discussed during a recent meeting attended by the Minister.