Business
ADB approves $50 million grant for Afghanistan’s COVID vaccine campaign
The Asian Development Bank (ADB) on Tuesday approved a $50 million grant to help the Afghan government procure and deploy safe, high-quality COVID-19 vaccines, and strengthen the country’s capacity to implement its vaccine program.
The ADB said in a statement that the project will support the National Plan for COVID-19 Vaccination in Afghanistan by procuring and transporting six million doses of COVID-19 vaccines for priority segments of the population, as determined by the government.
“As Afghanistan continues to grapple with COVID-19, this project will help ensure that safe and high-quality vaccines are made available to the Afghan people,” said ADB President Masatsugu Asakawa.
“Making vaccines available to vulnerable groups and strengthening Afghanistan’s immunization program will help to save lives and is a vital step toward recovery.
This support is part of ADB’s strong commitment to helping Afghanistan overcome the pandemic and achieve a sustainable economic recovery,” Asakawa said.
Under its national plan, the Afghan government aims to vaccinate all eligible people including vulnerable groups, approximately 60 percent of the total population.
ADB’s COVID-19 Vaccine Support Project will provide financing to procure vaccines for at least 2.6 million people, or about 11 percent of the eligible population, including through the COVID-19 Vaccines Global Access (COVAX)
Advance Market Commitment facility.
The grant will also strengthen the Ministry of Public Health’s capacity in planning,
communications, coordination, and implementation of the vaccine program at national and provincial levels.
According to the ADB, technical training including specialized gender sessions will ensure that vaccines are administered to women in a culturally sensitive manner and a waste management firm will be engaged to build capacity for proper disposal of medical waste.
ADB estimates that Afghanistan’s GDP contracted by five percent in 2020 as the pandemic forced business closures and disrupted supply chains.
Unemployment is projected to have risen from 23.9 percent in 2019 to 37.9 percent in 2020 adding to the negative pressures of increased costs of food,
housing, and health services.
ADB’s grant complements other development partners’ efforts and contributes to fostering growth in the Central Asia Regional Economic Cooperation region through addressing pandemic risks and cross-border health threats.
Afghan health officials meanwhile said Tuesday that the number of coronavirus infections has increased in Afghanistan recently.
The Ministry of Public Health said 176 new cases of COVID-19 and seven deaths were reported in the past 24 hours across Afghanistan.
According to the ministry 28 others recovered in the mentioned time.
The ministry warned a lockdown will be imposed in major cities including Kabul if people fail to take the necessary precautions to help curb the spread of the virus.
Business
Private sectors of Afghanistan, Kazakhstan sign contracts worth $100 million
Private sectors of Afghanistan and Kazakhstan have signed contracts worth $100 million during the visit of an Afghan delegation to Almaty recently, the Islamic Emirate of Afghanistan (IEA) announced on Thursday.
The agreements include the export of more than 2,000 tons of dried fruit, the export of fresh fruit, including pomegranates, and the export of cotton, Zabihullah Mujahid, a spokesman for the Islamic Emirate, said on X.
Mujahid said that the Islamic Emirate delegation during its recent visit to Kazakhstan signed a "road map of cooperation between Afghanistan and Kazakhstan in the fields of trade, industry, mining, energy, logistics, agriculture, telecommunications, health, higher education and humanitarian aid.”
He said Kazakhstan also assured that it would provide more facilities for the transit of Afghan goods to China and other countries through Kazakhstan.
The allocation of an area "as a logistics center for Afghan goods" in the port of Khargos was also part of the agreement between the two sides to facilitate the unloading and loading of Afghan traders' goods.
The spokesman of the Islamic Emirate also said that Kazakhstan will participate in the construction of the Torghundi-Herat, Kandahar-Spin Boldak and Mazar-e-Sharif-Kharlachi railway projects.
Mujahid added that Kazakhstan will also participate in the establishment of a trade and transit center in Herat province, which will be used to store and finance trade and transit goods. Meanwhile, Kazakhstan has agreed to establish permanent expo centers for the sale of Afghan goods in various cities of Kazakhstan.
It is worth mentioning that the delegation of the Islamic Emirate led by Nooruddin Azizi, Acting Minister of Industry and Commerce, participated in the three-day exhibition of Afghanistan's domestic products, which was launched on October 21 in Almaty.
The Ministry of Industry and Commerce recently announced that 23 tons of pomegranates from Kandahar province were exported to Almaty through the port of Torghundi.
Business
China resumes direct rail trade with Afghanistan
China resumed its direct freight rail services to Afghanistan on Thursday when a train loaded with goods left Nantong city in Jiangsu province.
The train, carrying commercial goods in 55 wagons, is heading for the northern Hairatan border in Balkh province, Yue Xiaoyong, China’s Ministry of Foreign Affairs' Special Representative for Afghanistan, said in a post on X.
Nantong is a central hub of the Belt and Road Initiative and is located north of Shanghai.
The resumption of the rail line was marked at a formal ceremony on Thursday with Yue and Bilal Karimi, the Afghan Ambassador to China, in attendance.
This comes after China recently announced plans to lift customs tariffs on Afghan exports to China by the end of this year, further strengthening trade ties between the two nations.
Business
IEA signs contract for construction of cement factory in Jawzjan Province
Turkish 77 Company will invest $163 million in the factory, which will have a daily output of 3,000 tons of cement once completed
The Islamic Emirate on Tuesday signed a multi-million dollar contract with Turkish 77 Company for a new cement factory in the Yatim Taq area of Jawzjan Province in northern Afghanistan.
The contract was signed in the presence of Deputy Prime Minister for Economic Affairs, Mullah Abdul Ghani Baradar Akhund.
Turkish 77 Company will invest $163 million in the factory, which will have a daily output of 3,000 tons of cement once completed.
Also in attendance on Tuesday were officials from the Ministry of Mines and Petroleum who stated that the contract, which allows the Turkish company to explore, extract, produce cement, and deliver social services, is valid for 30 years.
The establishment of this cement production plant will directly create around 1,200 jobs for local citizens.
In addition to the signing of this contract, the ministry also inked contracts worth $476 million with several domestic and foreign companies for cement projects in Jabal al-Saraj, Kandahar, and Herat.
The IEA has said this is in line with their aim of propelling the country towards self-sufficiency in the cement sector.
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