Business
Afghan officials sign contract of 300 mega watt electricity with ADB
Afghan officials have signed the contract of the 300 mega watt electricity with Asian Development Bank to light the central provinces of Afghanistan, the electricity cable for Bamyan province is derived from Doshe district of Baghlan province.
Afghan officials have stated that the following project work construction will start incoming month and will be accomplished by 1919.
The following 300 mega watt electricity is derived from 500 mega watt electricity coming from Turkmenistan to Afghanistan.
Head of the Afghanistan Breshna Sherkat Hedyatullah Delawari said,” the practical cabling process will begin on October 2017 and it will end on 2018, and financial aids have been paid by the Asian Development Bank ADB.”
Meanwhile Minister of Rural and housing Sayed Mansour sadaat Nadiri said,” the following 500 mega watt electricity coming from Turkmenistan to Afghanistan through Salang pass will light the central provinces of Afghanistan.”
Bamyan and other central provinces of Afghanistan didn’t access electricity since the transitional Government up to National Unity Government in Afghanistan, officials in Government of Afghanistan promise the residents in central provinces that after 3 more years they will enjoy electricity in their houses.
Reported by Nusrat Parsa
Business
Chinese and Uzbek investors express interest in Afghanistan’s mining sector
During the meeting, the investors reportedly welcomed what they described as improved nationwide security and a more favorable investment environment under the Islamic Emirate.
Afghanistan’s Ministry of Mines and Petroleum says a group of investors from China and Uzbekistan have shown interest in investing in the country’s metallic and non-metallic mining sector.
According to the ministry, Deputy Minister for Finance and Administration Hasamuddin Saberi held talks with the foreign investors to discuss potential investment opportunities in Afghanistan’s mining industry.
During the meeting, the investors reportedly welcomed what they described as improved nationwide security and a more favorable investment environment under the Islamic Emirate. They also expressed readiness to invest in a range of mining projects across Afghanistan.
Saberi welcomed the interest shown by the Chinese and Uzbek delegations and said the Ministry of Mines and Petroleum would provide the necessary cooperation to facilitate investment in accordance with Afghanistan’s mining laws and procedures.
Afghanistan is believed to possess significant untapped reserves of minerals and rare earth resources, and the Islamic Emirate has repeatedly called on foreign investors to participate in the development of the country’s mining sector.
Business
Afghanistan signs $46 million deal to develop standard laboratory complexes
The Office of Mullah Abdul Ghani Baradar has announced a contract worth over $46 million for the construction and outfitting of standard laboratory complexes in Kabul and nine major ports across Afghanistan.
The agreement, signed Wednesday at the Government Media and Information Center, was finalized between Faizullah Tamim, head of the Standards and Quality Authority, and representatives of the Indian international firm TCRC, according to a statement from the Deputy Prime Minister for Economic Affairs Office.
Under the five-year deal, TCRC will establish modern laboratory complexes in the capital and key ports, install advanced equipment, renovate existing facilities, and introduce foreign specialists to strengthen the professional capacity of the authority’s staff.
The project will also provide domestic and international training programs for technical employees and support efforts to secure internationally recognized quality certifications from the International Organization for Standardization (ISO).
Officials said the initiative aims to improve Afghanistan’s quality control systems and enhance standards infrastructure nationwide.
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