Business – Ariana News https://ariananews.af Bringing Afghan News to the World Fri, 19 Oct 2018 17:13:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Central Bank Takes New Measures against Dollar Smuggling https://ariananews.af/central-bank-takes-new-measures-against-dollar-smuggling/ Sun, 07 Oct 2018 13:43:07 +0000 https://ariananews.af/?p=277914

Da Afghanistan Bank (Central Bank) says it has taken new measures against smuggling of foreign currencies particularly dollar to Iran and other neighboring countries.

Following the sharp rise in the value of US dollar against Afghan currency in the market and concerns of the citizens in this regard, the Central Bank says the security forces have arrested dozens of individuals on charges of smuggling USD.

DAB stresses that the smuggling of the dollar is the main reason behind the decline of Afghani against USD, adding that has taken measures at borders to prevent the outflow of the dollar to neighboring countries.

“A plan has been made with relevant institutions to prevent smuggling. In one of the ports several smugglers have been arrested,” said Head of Central Bank Khalil Sediq.

Some economic analysts believe banking policies should be reviewed in order to have control over the value of foreign currencies.

This comes as on Sunday one dollar was exchanged with 76 AFN at Sarai Shahzada market – the biggest money market in the country.

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Contracts for Extraction of Badakhshan Gold Mines, Balkhab Copper Mine Signed https://ariananews.af/contracts-for-extraction-of-badakhshan-gold-mines-balkhab-copper-mine-signed/ Sat, 06 Oct 2018 12:59:04 +0000 https://ariananews.af/?p=277816 The Ministry of Mines and Petroleum (MoMP) has signed the extraction contract of Badakhshan’s gold mines and Sar-e Pul’s Balkhab copper mine with two companies.

According to MoMP officials, the two companies will invest $ 87 million on these projects.

However, the Mining Watch Afghanistan (MWA) calls the signing of the contracts are due to political decisions and illegal international pressures.

The extraction work of Badakhshan gold mines is being jointly undertaken by Turkish and Afghan companies and an English company implements the Balkhab copper mine in Sare Pul.

A researcher of Afghanistan Integrity Watch declared that the government has violated the law with its decision.

In 2012, two companies won bidding for Badakhshan gold mines and Balkhab’s copper mine which the former minister of urban was the main stakeholder.

Due to some legal problems and interest contrasts, the contracts faced delay and then they were signed with the mentioned companies after Sayeed Sadat Mansour Naderi resigned from his position as the minister of urban and development.

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Construction Work of Iron Melting Factory Kicks off in Kabul, Worth $20 Million https://ariananews.af/construction-work-of-iron-melting-factory-kicks-off-in-kabul-worth-20-million/ Tue, 02 Oct 2018 14:39:42 +0000 https://ariananews.af/?p=277500

Government officials and businessmen laid the foundation stone for the construction of an Iron melting factory in Kabul on Tuesday which worth $20 million.

Khan Mohammad Wardak, the owner of the manufacturing factory said that the factory will begin operation next year.  “We have great capacity and can make major economic activities in the future,” he said.

The Iron melting factory is expected to create job opportunities to at least 2,000 people. 

The first Deputy to CEO Khan Mohammad, meanwhile, said that a lot of challenges in front of investors in the country. But he said the government has taken major economic plans in this regard.

Following the matter, the Minister of Commerce and Industries Humayoun Rasa said that that rooms for investment are rising in the country.

“Our need is about 300 thousand tons of goods annually and we are hopeful of preventing 230-250 million equivalent products being imported in the country,” Rasa said.

“We must accept this truth that investment in Afghanistan needs courage and compassion,’ said Nargis Nehan, Acting Minister of Mines and Petroleum. 

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Afghanistan Welcomes U.S.’s Move to Review Iran Sanctions on Chabahar Port https://ariananews.af/afghanistan-welcomes-u-s-s-move-to-review-iran-sanctions-on-chabahar-port/ Sat, 29 Sep 2018 14:44:33 +0000 https://ariananews.af/?p=277128

The U.S. will take into consideration the impact of American sanctions against Tehran on Chabahar port in Iran that provides a surface link between India and Afghanistan.

“When it comes to Chabahar, we are in the process of reviewing the imposition of sanctions,” Alice Wells, the Principal Deputy Assistant Secretary for South and Central Asia, told IANS in an interview as cited by NDTV.

“So that process (of review) is underway and we take India’s concerns and interest in being able to expand exports to Afghanistan and to increase Afghanistan exports to India, very seriously.

“As we look at the reinforcement of the Joint Comprehensive Plan of Action (JCPOA) or the sanctions, we will, I think carefully, evaluate the impact that it could have, for instance on Afghanistan,” Wells added.

The Ministry of Transport said that investment drive is progressing fast on the port from Iran, Afghanistan, and India.

The implementation plan of Chabahar port agreement has been completed and we are ready to provide the necessary facilities to Afghan traders at the port,” Spokesman of the Transport and Aviation Ministry Hekmatullah Qawanj told Ariana News.

According to the estimation of Afghanistan’s Chamber of Commerce and Industries, currently, more than $150 million have been invested in transport and forming factories in Chabahar port by 60 Afghan traders.

“Some of the investments which have been made on the port are very important for all of the three countries,” said Tawfiq Dawari, deputy head of ACCI. “When the port excluded [from Iran sanctions], Afghanistan will have trade relations with these countries and it will have an impact on the exports as well as paving ground for more investment,”

Chabahar port is providing Afghanistan with vital direct sea access, which the country hopes will improve its trade prospects. Crucially, exporting goods to countries such as India will allow Afghanistan to reduce its dependence on Pakistan.

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Afghanistan Opens Air Cargo Corridors with European Union https://ariananews.af/afghanistan-opens-air-cargo-corridors-with-european-union/ Thu, 27 Sep 2018 13:32:13 +0000 https://ariananews.af/?p=276961 Afghanistan formally inaugurated air cargo corridors with Europe, Russia, China, and the United Arab Emirates on Thursday.

The inauguration was marked at a ceremony at Kabul airport that was attended by ministers and foreign diplomats.

The first flight of Kabul-Europe air cargo will be initiated through Turkish airline carrying 20 tons of goods to export 8.5 tons goods to Italy and 12 tons of wool to Finland.

The deputy head of the Afghanistan Chamber of Commerce and Industry (ACCI) Khan Jan Alkozay called the opening of Kabul-Europe air cargo a big achievement in Afghanistan trade sector.

“We commit to take major steps in opening air cargos and ground routes,” Ajmal Hamid Abdul Rahim Zai, financial deputy of the Ministry Commerce said.

European officials are said to believe that the opening of Kabul-Europe air cargo is a big opportunity for Afghan traders which the vast European market has opened to them.

“It is a good news. Alongside strengthening trade relations, Europe is keen to buy Afghan agricultural quality products. There is no doubt that this trend is dramatically expanding because it is a mutual interest,” EU ambassador to Kabul added.

Meanwhile, in a recent breakthrough Kabul-Kolkata air cargo to commence today. After the successive operations of Kabul-Delhi, Kabul-Mumbai and Kabul-Amritsar air corridor programme, Afghanistan is trying to expand its connectivity to the Indian cities for exporting fresh and dried fruits and other goods and most likely it will be connecting to Hyderabad and Chennai in the near future.

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Rockets Hit Ghazni During President’s Visit https://ariananews.af/rockets-hit-ghazni-during-presidents-visit/ Thu, 27 Sep 2018 13:13:26 +0000 https://ariananews.af/?p=276958 Multiple rockets hit the Ghazni city on Thursday, while President Ashraf Ghani was there for a visit to review the situation of the province.

At least two rockets landed within 300 meters of the governor’s compound where President Ghani was meeting local officials, while a third struck further off, local officials said.

First Lady Rula Ghani, Eng. Mohammad Khan, Dr. Rasoul Talib and several other officials are accompanying the president during his visit to Ghazni.

There was no immediate claim of responsibility for the assault and No one was killed or wounded in the latest attack.

According to the statement released by the Presidential Palace, President Ghani would also participate in a major gathering during his visit to the province.

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Afghan Economy’s Growth Rate Declined Compared to Last Fiscal Year https://ariananews.af/afghan-economys-growth-rate-declined-compared-to-last-fiscal-year/ Sun, 23 Sep 2018 12:34:40 +0000 https://ariananews.af/?p=276512

Afghanistan’s economic growth will reach 2.4 percent in the current Fiscal Year which shows a slight decline compared to last Fiscal Year, the Ministry of Economy said Sunday.

According to the Ministry of Economy, the economic growth was estimated at 1.3 percent in 2015 (FY), 2.4 percent in 2016 (FY) and 2.6 percent in 2017 (FY). However, in the current Fiscal Year, the figure will decrease up to 0.2 percent.

The Ministry of Economy reasoning insecurity, drought, and elections behind the decline rate of the economic growth.

“The growth rate is being less compared to last year. Insecurity, drought, and elections are the issues which challenged the stability of the economic growth,” said Sohrab Bahman, Spokesman for the Ministry of Economy. “The economic growth was expected up to 3.0 percent this year but, will have 2.4 percent.”

However, Azarakhsh Hafizi, president of ECO Chamber of Commerce and Industries said that wrong policies of the government in last years have harmed the economy. He stressed that insecurity, weakness in the government, and lack of having effective economic strategies have caused the economic growth to be declined.

Some economic analysts believe that if the government does not increase the domestic products and does not find markets for the export of the products in the region, the economy will not grow.

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44 Development Projects Worth 307m Afs to be Launched in Country https://ariananews.af/44-development-projects-worth-307m-afs-to-be-launched-in-country/ Sun, 16 Sep 2018 12:15:39 +0000 https://ariananews.af/?p=275814 With a cost of 307 million Afs, 44 development projects will be inaugurated in 17 provinces of the country, the Ministry of Rural Rehabilitation and Development (MRRD) said on Sunday.

The Minister of Rural Rehabilitation and Development, Mujibull Rahman Karimi said that the projects include cementing walls and reconstruction of canals which more than 107 thousand people will benefit in 17 provinces of the country.

“The projects will be completed in one year and some of them may be completed in three to four months,” Karimi said.

While the Minister of Rural Rehabilitation stresses on standard implementation of projects on their specified time, but the contractor companies criticize government’s slow work in the procurement process.

“For example, our payment delays to six to seven month by the Ministry of Interior. While the money should be paid in 26 days,” Abdul Qaiyoum, head of the contractor company asserted.

In the meantime, Afghan citizens urge the government to pay further attention in construction of canals to overcome the concerns of drought disaster.

Of the 44 projects, 17 of them were allocated to the construction of canals that can play basic role in irrigation of agricultural lands.

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Gas, Oil Prices in Afghanistan Continue to Rise https://ariananews.af/gas-oil-prices-in-afghanistan-continue-to-rise/ Sat, 15 Sep 2018 09:32:28 +0000 https://ariananews.af/?p=275657 A number of Kabul residents complain about the rising prices of oil and gas, urging the government to monitor the situation and take measures to resolve the issue.

However, the oil and gas enterprise links the reason of rising prices to the increase of dollar value and global oil and gas prices.

“Recently the value of dollar has risen in the market and the oil and gas prices also reached a high level in the global markets,” deputy of oil and gas enterprise said.

Taxi drivers approached to the government through the radio and called for the government to undertake steps to lower the prices.

In the meantime, analysts are said to believe that the situation will continue the same unless the government makes the prices according to the law and prevent fuel mafias in the markets.

Currently, a liter of petroleum stands in the market at 57 Afs and one liter of diesel at 50 Afs.

Economic experts in Afghanistan suggested the government to work on strategic reserves if they are to overcome the issue of increasing oil prices, as this issue has existed since a long time in Afghanistan.

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Afghan Forces Arrest 13 Individuals on Charges of Smuggling Dollars to Iran https://ariananews.af/afghan-forces-arrest-13-individuals-on-charges-of-smuggling-dollars-to-iran/ Fri, 14 Sep 2018 10:39:48 +0000 https://ariananews.af/?p=275545

Afghan security forces have arrested 13 individuals in Herat province on charges of smuggling dollars to Iran, officials said.

Following the rapid decline of Afghan currency against USD in the market, officials in Herat said that police have arrested some culprits who were engaged in smuggling US dollars to Iran.

“Serious steps being taken against the smuggle of foreign currencies in Herat province, fortunately, in last two or three months, 13 individuals have been arrested on charges of smuggling dollars to neighboring countries,” said the provincial governor’s Spokesman Jilani Farhad.  

According to the estimation of the provincial Money Exchangers’ Union, up to four million USD are smuggled to Iran everyday in Herat province.

Head of the union said that dollars have also been transferred to Iran through legal channels by some individuals in Islam Qala – a border town in Herat province near the border with Iran.

This comes as the selling rate of USD is lingering between 75 to 77 AFN in the past few days in Sarai-Shahzada money exchange market – the largest financial market in Afghanistan.

On Wednesday, the head of Central Bank (Da Afghanistan Bank), Khalil Sediq said that some profiteers are hoarding of foreign currency as Iranian Rial and Pakistani rupees are also losing their values against the USD. He stressed some opportunists are storing USD in hope of selling it  at a higher rate. 

He also cited the high demand of the USD in Iran and Pakistan as reason behind the soaring USD value in Afghanistan.

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Political, Jihadi Figures Bargained on Current Important Issues in Afghanistan https://ariananews.af/political-jihadi-figures-bargained-on-current-important-issues-in-afghanistan/ Wed, 12 Sep 2018 16:18:41 +0000 https://ariananews.af/?p=275471 A number of political and Jihadi figures in invitation of Hazrat Sibqatullah Mujadadi have gathered to find a joint solution about the country’s problems, particularly brining reforms for a transparent election, reduce of violence and betterment of governance.

The former President, Hamid Karzai who always was opposed of signing the security agreement with the U.S. is said to believe that the Americans have not fulfilled their commitments mentioned in the agreement.

Karzai called for a reconsideration about the Bilateral Security Agreement (BSA) with the United States.

In the meantime, the political and Jihadi figures called for serious reforms in the electoral system and stressed on implementation of reforms before holding the parliamentary and Presidential elections.

“There are serious question that make the transparency of electoral process questioning,” Zabiullah Mujadadi said.

The Jihadi leaders and political parties reached an agreement to jointly work on addressing their demands.

This comes as the Afghan government has not reacted against the criticisms of these figures so far, but previously it has always emphasized over serious efforts on betterment of the situations in the country.

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Second Afghanistan-India International Trade, Invest Show Opens in Mumbai https://ariananews.af/second-afghanistan-india-international-trade-and-invest-show-opens-in-mumbai/ Wed, 12 Sep 2018 14:43:16 +0000 https://ariananews.af/?p=275455 The second annual India- Afghanistan International Trade and Investment Show, sponsored by the US Agency for International Development (USAID) kicked off today in Mumbai and will continue until 15th of September.

The Mumbai trade show will feature Afghanistan’s finest textiles, carpets, gems, and jewelry.

More than 600 representatives from Afghanistan, India and international businesses are attended the event.

Afghan producers and exporters of fresh dry fruits, nuts, spices and juices will be showcasing their high value products to develop partnerships with Indian importers, whole-sellers and supermarket chains.

Afghan Chief Executive Abdullah Abdullah called the show effective in strengthening economy of Afghanistan and emphasized on changing Afghanistan to a transit point for energy among the Middle East and South Asian countries.

“We should consider Afghanistan’s geostrategic position as a bridge and regional link for regional trade, transit and transportation, and pay attention to strengthen it as a center for economic development and economic stimulus,” Abdullah said.

Speaking during the inauguration ceremony, the U.S. Ambassador to Afghanistan John Bass called Afghanistan as a great place for trade.

“The U.S wants Afghanistan to become a successful country. It is clear that why we sacrifice ourselves there,” John Bass added.

In addition to product sales, the event provides an opportunity for businesses to develop partnerships, identify investment opportunities, and engage in business-to-business matchmaking in a range of sectors. 

“This show is a great chance for both Afghanistan and India,” Indian trade minister asserted.

The expo would help develop economic ties between Afghanistan and international markets, and further advance trade integration.

“We are trying for a responsible and sustainable economic growth in Afghanistan,” Hamayoun Qayoumi, acting Afghan finance minister said.

By 2020, bilateral trade between India and Afghanistan is expected to reach more than $2 billion. 

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ACCI Optimistic Over Trade Ties Between Afghanistan-Uzbekistan https://ariananews.af/acci-optimistic-over-trade-ties-between-afghanistan-uzbekistan/ Tue, 11 Sep 2018 11:15:15 +0000 https://ariananews.af/?p=275328 Afghanistan Chamber of Commerce and Industries (ACCI) has expressed optimism over the increase of trade cooperation between Afghanistan and Uzbekistan.

According to ACCI, the value of exports and imports between the two countries has reached to $700 million dollars per year.

“The trade deals between the two countries will increase in upcoming years because Afghanistan is a great partner to us,” Muhammad Younis Mohmand, deputy of ACCI said.

In the meantime, the increase of trade deals between Uzbekistan and Afghanistan has raised optimisms of the Private Transport Union.

“We are working based on international standards and the increase of cooperation is in interest of us,” Dadullah Arghandiwal, a member of the union asserted.

On the other hand, the Ministry of Commerce and Industry MCI emphasized on increase of trade deals with all the regional countries.

This comes as the export and import sectors of Afghanistan still have challenges with the regional countries.

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Contracts of Five Water Supply Projects Signed, Worth AFN 154 Million https://ariananews.af/contracts-of-five-water-supply-projects-signed-worth-afn-154-million/ Sat, 01 Sep 2018 13:15:04 +0000 https://ariananews.af/?p=274140

As part of the government’s efforts to tackle the issue of drought in the country, the Ministry of Energy and Water has signed contracts of five water supply projects with private companies.

According to the Ministry of Energy and Water, the projects will be implemented in Herat, Kandahar, Khost, Nimruz and Nangarhar provinces. At least 4500 hectares of land is expected to be covered upon completion of the projects.  

In addition, more than 10,000 families will get benefit from the projects.

“The issues of climate change and drought have let us be more serious about managing our water resources,” said Acting Minister of Energy and Water Mohammad Gul Khulmi. “Managing water resources in Afghanistan is not harming our neighbors but it is in favor of every country in the region.”

The official added that due to the issue of climate change, last year has been not a good year for them and people in the agriculture sector.

“With good management, we can preserve our national interest and manage the life of 80 percent of our people which is dependent on agriculture [sector] in the country,” Khulmi said.

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Japan Contributes $2.7 Million to Displaced People in Afghanistan https://ariananews.af/japan-contributes-2-7-million-to-displaced-people-in-afghanistan/ Wed, 29 Aug 2018 15:29:24 +0000 https://ariananews.af/?p=273905 Japan contributes more than two million dollars to the displaced people in Afghanistan.

According to the statistics of the Ministry of Refugees and Repatriation, around 360 thousand people were displaced due to war and natural disasters in Afghanistan during the current year.

Japan on Wednesday announced its contribution to prevent food disaster among the displaced people.

“Due to the natural disaster, Afghan people faced lack of food, particularly because of drought that created many problems for the people,” Japan ambassador said.

The money will be distributed through the UN World Food Program to displaced people and returnees who have returned to Afghanistan which the UN estimates them as 95,000 people.

“The aid will be very effective in this time, we are working on a program to transparently distribute these assistances to the needy people,” Sayed Hussain Alemi Balkhi, the minister refugee added.

Japan also donated another $ 8 million in Afghanistan’s Children and Women’s health sector on Tuesday.

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Afghanistan to Import 1000 MW Electricity from Uzbekistan https://ariananews.af/afghanistan-to-import-1000-mw-electricity-from-uzbekistan/ Wed, 29 Aug 2018 12:42:20 +0000 https://ariananews.af/?p=273872 Afghanistan will import 1000 megawatt electricity from Uzbekistan, the Da Afghanistan Breshna Sherkat (DABS) said on Wednesday.

DABS stated that the working process of transferring a thousand MW electricity from Uzbekistan has started and will be completed by the year 2019.

“The work of electricity line will be started from Pul-e Khomri to Kabul after surveying in October,” Wahidullah Tawhidi, spokesman of DABS asserted.

DABS officials noted hat with the connection of the line the imported electricity will reach to 2000 MW which will go through Kabul to East, South and Southwest and to central provinces.

Currently, Afghanistan imports 300 MW electricity form Uzbekistan which the contract is not permanent, but the import of 1000 MW electricity will have a permanent contract.

According to information of DABS, Afghanistan currently needs 7000 MW electricity.

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NUG Fails to Properly Collect Old Kabul Bank’s Debts: IWA https://ariananews.af/nug-fails-to-properly-collect-old-kabul-banks-debts-iwa/ Sun, 26 Aug 2018 15:24:27 +0000 https://ariananews.af/?p=273513

National Unity Government (NUG) has failed to properly collect the debts of old Kabul Bank, a watchdog said Sunday.

It has been eight years since the Afghan government begun collecting the debate of the old Kabul Bank which was collapsed in 2010.

During the former President Hamid Karzai’s tenure, $370 million debts of the bank were collected by the government from the overall debts of $987 million. However, since the opening of the Kabul Bank’s case, the National Unity Government has only managed to collect $78 million in debts.

The Integrity Watch Afghanistan says NUG was being expected to collect the debts – from the movable and immovable properties of the debtors, but due to political deals and the weakness of the judiciary institutions in the case – it has failed to collect the money.

 “The government has politically dealt with the case and the government institutions do not have the capacity to collect the money back,” said Naser Temori, a researcher at the IWA. 

The head of old Kabul Bank Sher Khan Farnood who has reportedly died of heart disease recently in Bagram prison had been sentenced to 10 years in prison. He had paid $334 million before his imprisonment and Chief Executive of the bank Khalilullah Ferozi has paid $137 million before being jailed to 10 years.

Farnood and Ferozi have been among the debtors of the bank. Apart from them, 12 other individuals involved in the case are also currently serving prison sentences and 16 more are under investigation of the judiciary institutions.

Rejecting the issue of being involved in political deals on the old Kabul Bank’s case, Spokesman of the Attorney General’s Office, Jamshid Rasoosi said: “We are an independent institution and we are doing our tasks based on the law. Our performances have been in line with the law and its provisions.”  

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Corruption in Customs Raises Prices of Imported Goods: ACCI https://ariananews.af/corruption-in-customs-raises-prices-of-imported-goods-acci/ Sun, 19 Aug 2018 15:37:19 +0000 https://ariananews.af/?p=272910

Afghanistan Chamber of Commerce and Industries (ACCI) says corruption in customs has raised the prices of imported goods and that it has also reduced the level of trade in the country.

The Deputy Head of ACCI Khan Jan Alokozay said that trade is in “bad” situation in the country and that the traders even have to pay tariffs at different customs offices.

He said the increase in tariffs has declined the level of trade in the country and that the traders are in a difficult situation.

“Since last three years, this issue (corruption) has been raised at customs. If it continues like this, not only the price of goods will be increased but also the issue would become a habit,” said Sayed Massoud, an economic expert.

Despite referring some of the corrupt individuals to judiciary institutions, the Finance Ministry neither confirmed nor rejected the existence of corruption at customs offices.

“The Ministry of Finance is committed to referring the corrupt individuals to Attorney General Office,” said Abdullah Dawran, Spokesman of the ministry. “You were witnessed that earlier we have referred corrupters to Attorney General Office and now they are in captivity.”

This comes as months earlier, President Ghani had warned that he will prosecute those who interfere in affairs of customs offices.

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MoMP Seeks Attracting Investment in Mining Sector https://ariananews.af/mom-seeks-attracting-investment-in-mining-sector/ Tue, 14 Aug 2018 13:32:05 +0000 https://ariananews.af/?p=272380

Ministry of Mine and Petroleum (MoMP) says seeking to attract investment in the mining sector in a bid to increase government revenues.

“We are attempting to get the approval of economic high council on all projects of the mining sector in order to ease the problems and boost the contracts’ process in the sector,” said the ministry’s spokesman Abdul Qadir Mutfi.

According to the official, contract for extracting Badakhshan Gold Mine and Balkhab Copper Mine in Sar-e-Pul province have already got approved by the economic high council.

The Afghanistan Chamber of Commerce and Industries (ACCI), meanwhile, said that increasing contacts in the mining sector is effective and that the government should support the private investments in the sector.

“We support this so that investments in mining sector get raised, but the government should have issues in this regard that need to be solved,” said Khan Jan Alokozay, Deputy Head of ACCI.

Since the formation of the National Unity Government contracts in the mining sector had been halted. But reports suggest that the contracting process has resumed now. 

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Contracts Signed to Reconstruct Salang Highway, Build Bridge in Takhar https://ariananews.af/contracts-signed-to-reconstruct-salang-highway-build-bridge-in-takhar/ Tue, 14 Aug 2018 12:55:39 +0000 https://ariananews.af/?p=272369

Ministry of Public Works (MoPW) has signed contracts for building a bridge in Takhar province and reconstructing Salang Highway – linking Kabul with northern part of the country.

Salang Highway will be reconstructed – beginning from Chokak village until Freshtagan Bridge in Baghlan province with an estimated length of 11 kilometers and width of 11 meters.

The Minister of Public Works Yama Yari said that the project will cost about 122 million AFN and will be completed in six months.

The highway – passing through treacherous mountains in Parwan and Baghlan provinces – connects nine provinces with the capital Kabul.

In the winter season, traveling the highway is dangerous for passengers due to heavy snow and cold weather.

“Little time left for the winter season and we are hopeful the highway get reconstructed so that the issues of people could be solved in the winter,” said MP Mohammad Azim Mohseni.

The head of the contracted firm, Mujahid Mujahid, meanwhile, said that they are committed to repairing the highway on its scheduled time and with high quality.

In addition, the Ministry of Public Works said that it will build Hazrat Sultan Bridge in Ishkamesh district of northern Takhar province, adding that the contract of the project has been signed with a private company and it will cost more than eight million AFN.

According to MoPW, the project will be completed in six months and more than 50 villages could get benefit from the project.

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