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Afghan Electric Transformer Manufacture Company Inaugurated in Kabul

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(Last Updated On: October 24, 2022)

1A $ 6 million electric transformer manufacture company owned by an Afghan was inaugurated in Kabul, to manufacture electric transformers with high quality with the cooperation of the Turkish engineers, the company would annually produce 900 electric transformers.

Owner of the company Abdul Satar Rahimi stated that efforts are underway to manufacture electric transformers with high quality and standard.

He said, “Today we are witnessing other step is taken towards the self-sufficiency of our country.”

In current condition investors are rarely dare to invest in Afghanistan, but officials in Ministry of commerce and industry admire and encourage the investors to invest in the country, but at the main time criticize the miss management economy.

Deputy Minister of commerce and industry Mohammad Qurban Haqjo said, “ Unfortunately we did not manage our economy well in the past years, now we would not witness huge number of investors to leave the country, hot and serious discussion is taken place, necessary supports and measurements is paved to draw more investors.”

Meanwhile second deputy of the Chief Executive Mohammad Mohaqiq insisted that the private company’s manufacture should be standard.

He said, “in order to help the newly inaugurated companies to sell the manufactures in the markets with high standards, the products should meet all the requirements of Ministry of commerce and industry and Da Afghanistan Breshna Sherkat.”

Based on the estimation of the Ministry of commerce and industry 80 percent of the electric tools with the cost of $ 200 million is being imported annually from abroad.

Reported by: Lida Naizi

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.

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