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Govt to call for tenders for 68 mines across Afghanistan

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Afghan Ministry of Mines and Petroleum said on Thursday that of 108 mines in 23 provinces, the High Economic Council has approved the launch of a tender process for 68 of these mines.

Minister of Mines and Petroleum Haroon Chakhansuri said 800 million AFs will be invested in these mines.

According to Chakhansuri, the annual revenue generation from these mines will be between 150 and 170 million AFs and 3,000 jobs will be created.

“Mines with a high income will be focused on. The mineral extraction process will take place in three parts, first small mines after that mid-size mines and at the end large mines,” stated Chakhansuri.

He also said that they will start work on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project by the end of the month but did not provide further details.

Meanwhile, investors said that wide-spread corruption in government and the presence of armed groups are challenges facing the mining industry.

International organizations and the government also said that illegal extraction of minerals from mines is a substantial source of income for armed groups.

“Private sector is willing to invest in mining but the government should pay attention to our demands. We need the mines and have the capacity to extract the minerals,” said Abdul Nasir Reshtia, head of the association of steel factories.

In 2007 the United States Geological Service did a study and discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves.

The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world.

At the time, an internal Pentagon memo, for example, stated that Afghanistan could become the “Saudi Arabia of lithium,” a key raw material in the manufacture of batteries.

However, the industry has not only been dogged by corruption but it is also dominated by warlords and insurgents and largely goes unregulated, and under-developed.

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Shoemaking industry in Takhar province facing stagnation

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A number of shoemakers in northern Takhar province say that while their handmade shoes are of better quality than imported shoes, but still sales are down.

According to them, there were more than 20 shoe-making shops in the past, but now some have been closed due to the decline in sales.

The shoemakers make most of their shoes from leather. A number of industrialists say that this industry is now facing stagnation.

Abdul Raqib, a shoemaking factor owner, said: “The government should support us. Currently, we import soles. It can be made with good quality in Afghanistan, and we could even compete against Turkish shoes.”

Meraj, another shoemaking factory owner, said: “Shoe sales were higher in the republic era. There were military shoes. Sales have declined now, but we still thank Allah.”

Shoemakers make these shoes with basic tools and by hand, with 5 to 8 people working in each shop.

Javed, a shoemaker, said: “Our sales are not so good. We can make any type of shoe or slipper. We want the government to support us.”

A number of Takhar residents say that domestically produced shoes are of high quality and with lower price compared to imported shoes, so people prefer domestic products to foreign products.

Mir Ata, a resident of Takhar, said: “We are very happy about domestic shoes. People should buy it. They are of good quality.”

However, the officials of Takhar Industry and Commerce Department say that they are committed to support the industrialists.

Abdul Rahman Ghaznawi, provincial director of industry and commerce, said: “People prefer domestic shoes and slippers. Takhar’s products are sold in Kunduz, Baghlan and Badakhshan as well.”

Meanwhile, industrialists say that if the government supports them, they will be able to make the best products and can be more competitive.

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Daily truck clearances at Torkham drop from 400-500 to 5-10

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Pakistan’s Sarhad Chamber of Commerce and Industry (SCCI) has said that daily truck clearances at Torkham crossing have declined from 400-500 to 5-10.

SCCI President Fazal Muqeem Khan said this at the signing ceremony of a memorandum of understanding (MoU) with the Pakistan-Afghanistan Joint Chamber of Commerce and Industry to promote bilateral trade and cooperation.

He said the volume of trade between Pakistan and Afghanistan had fallen from $3 billion to $1 billion annually.

Fazal Muqeem also highlighted the adverse impact of the 2% Infrastructure Development Cess (IDC) imposed by the Khyber-Pakhtunkhwa government on trade and transit.

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Turkish scholars, charity officials assess investment prospects in Afghanistan

Officials pledged to encourage Turkish investors to explore and capitalize on investment opportunities in Afghanistan

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Afghanistan’s Acting Minister of Energy and Water, Mullah Abdul Latif Mansoor, met with a delegation of Turkish scholars and officials from the Adif Charity Foundation on Tuesday to discuss various political, religious, and social issues.

According to the Ministry of Energy and Water, Mullah Mansoor praised Adif’s humanitarian efforts in Afghanistan and highlighted the country’s ample resources for energy production.

He emphasized that Afghanistan currently offers a favorable environment for investment in all sectors, assuring the Turkish delegation of the Islamic Emirate’s commitment to ensuring the safety and security of investors and their assets.

In response, Adif officials pledged to encourage Turkish investors to explore and capitalize on investment opportunities in Afghanistan, signaling a potential boost in economic and developmental cooperation between the two nations.

 

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