Phone: 604 681 1568
Email: info@megastardevelopment.com
Megastar Development Corp.
1450 - 789 West Pender Street Vancouver, B.C. Canada V6C 1H2
- Favorable regulatory and investment environment
- 2015 – ranked 5th in world for mining investment
- their Government works to attract foreign/local mining activity
- Mining companies (especially Canada) are currently successfully working in various parts of Mexico
- US and Australian companies as well
- Country considered under explored from exploration point of view
Mexico = member of World Trade Organization (WTO) and APEC
i. Working to streamline and eliminate trade barriers
ii. Mining concessions available for 50 years plus additional 50 years
iii. 6 yr exploration concessions – leases not locked up long term
iv. Increasing environmental awareness
Ongoing improvements to align management with international standards
a. Mining companies are liable for causing environmental damage which is avoidable
b. permit requirements are laid-back relative to other leading mining countries
Investment opportunity
a. Pro foreign investment government
b. Across border foreign investment or movement of money, equipment or personnel is not restricted
c. Ranked fifth best