Business
Efforts to Re-Activate Silo Factories Underway: MAIL
Officials at Ministry of Agriculture Irrigation and Livestock (MAIL) said efforts are underway to re activate the silo factories in the country, insisting that negotiation are ongoing with the World Bank to receive $ 30 Million for activating.
Minister of Agriculture Irrigation and Livestock Assadullah Zameer said, “ We have assessed the reactivation of the Silo factories with the cooperation of World Bank, The WB officials has promised to provide $30 Million for the re activation of the Silo factories in the country.”
Meanwhile officials at Chamber of Commerce and Industry (ACCI) have criticized the Ministry of Agriculture and Livestock for having no capability to reactive the Silo factories nor let the private sectors to do so.
Deputy of the Chamber of Commerce and Industry Baz Mohammad Afsar said, “ We are ready to invest on the sector but the law has been restricted, if the plat form for the cooperation is expanded then we will be able to work together with the Government to re activate Silo Factories in the country.”
Meanwhile Minister of the Agriculture Irrigation and Livestock Assadullah Zameer stated that the private sectors could invest at any part of the Agriculture section, cooperation is there to do joint efforts.
Economy experts said by activating of Silo factories in Kabul, Kandahar, Balkh, Baghlan, Kunduz thousands will be employed and the economy will be grown.
Silo bakery was built by Soviet Union in 1954 in Afghanistan, during the civil war in the country about 80 percent of the buildings were destroyed and most of the machines were broken.
Reported by: Aslam Hejaab
Business
Azizi calls on Malaysian investors to invest in Afghanistan
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.
Business
Afghanistan starts exporting via railway to Turkey
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.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
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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