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US to Convert 8 Military Bases into Industrial Centers in Afghanistan

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(Last Updated On: October 25, 2022)

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Officials in US Government have decided to convert the 8 military basses located in different parts of Afghanistan into industrial and investments center.

Afghan officials in Ministry of Commerce and Industry and Chamber of Commerce and industry have stated that by finding those 8 military bases converted into a business centers the Afghanistan economy will boost.

Both Afghan-US officials have commented that business has remarkable been down in Afghanistan specially by the International investors.

Afghan officials in chamber of commerce have reported that for drawing of more International investors a joint business summit will be held on December 2015.

Member of the chamber of commerce of Afghanistan-US Asad Matin said,” There will be business centers built in different main cities of Afghanistan in order to boost the Afghanistan’s economy in those military centers.”

Deputy of the chamber of commerce Khan Jan Alokozia said,” there are 3 main problems on drawing international investors attention, such security protecting the investments,corruptions,no basic work has been done on infrastructures in Afghanistan.”

Afghan Businessman Mahmood Karzai said,” the National Unity Government should have different policy drawing international investors’s attentions, those policies will encourage both sides to invest in Afghanistan.”

Though the slogan of National Unity Government has been drawing the investors attention but yet to see any investors to invest in Afghanistan due to different problems.

President Ghani in his speech had said that form the remaining months the National Unity Government leaders will focus on boosting economy in Afghanistan.

Reported by Mohammad Aslam Ihjab

 

 

 

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Turkmenistan makes ‘significant progress’ on TAPI pipeline project

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(Last Updated On: April 29, 2024)

Turkmenistan has made “significant progress” on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, said TAPI Pipeline Company Limited CEO Muhammetmyrat Amanov.

“Turkmenistan is making significant progress on the TAPI natural gas pipeline, which will supply 33 billion cubic meters to South Asia annually,” he said.

Speaking at the Turkmen Energy Investment Forum (TEIF 2024) currently being held in Paris, Amanov highlighted that Turkmenistan’s section of the pipeline had been completed and ongoing discussions to advance the project beyond Turkmenistan were in strict alignment with the international standards.

He said the project envisaged environmental sustainability by leveraging natural gas to reduce emissions significantly compared to coal and oil, thereby tackling indoor pollution and enhancing regional air quality.

“In light of the ongoing project developments, Turkmenistan remains committed to upholding the international law, fulfilling its obligations and adhering to international norms and regulations,” he said.

This approach reaffirms Turkmenistan’s dedication to global cooperation and legal integrity in executing the TAPI project.

Looking ahead, the project’s focus is shifting to the Herat Offtake Strategy in Afghanistan, which will play a critical role in environmental protection by reducing air pollution, while also contributing to maintaining public safety, he said.

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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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