Business
IEA urges China to include Afghanistan in ‘One Belt One Road’ initiative
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Mullah Abdul Ghani Baradar Akhund, the Deputy Prime Minister for Economic Affairs, met with China’s Ambassador to Kabul Wang Yu on Wednesday and called on Beijing to include Afghanistan in the “One Belt One Road” initiative.
According to a statement released by Baradar’s office, the focus of the meeting was on the implementation of key economic projects that have been agreed upon by the two countries.
“The Islamic Emirate of Afghanistan (IEA), wishes to strengthen the long-standing ties between China and Afghanistan,” Baradar said.
Baradar also stated that China holds the top spot in the international economic forum and urged it to invest in Afghanistan.
“Afghanistan has a variety of natural resources and has turned out to be a secure place for investment,” Baradar said.
Meanwhile, Wang stated that his country “wants to deepen its ties with Afghanistan and supports the new government in any situation.”
“China had plans to soon start the implementation of the projects and to finish off other major incomplete projects that were supported by the World Bank or the ADB,” Wang claimed.
In addition, he requested information from the IEA regarding the projects that were high on their list of priorities so that they could plan their investment in those areas.
The Chinese ambassador further stated that his nation would make every effort to maintain its bilateral ties and collaboration with the Islamic Emirate of Afghanistan in any circumstance, read the statement.
Business
Baradar hails Termez Trade Center as a ‘new chapter’ in Afghan-Uzbek partnership
This will positively impact the economic relations between the two countries and establish the center as a key economic hub and commercial gateway for Central and South Asian nations, he said.
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In a ceremony to inaugurate an international trade center in Uzbekistan’s border city of Termez on Thursday, Mullah Abdul Ghani Bardar, Deputy Prime Minister for Economic Affairs, said that the center marks a new chapter of friendship, cooperation and partnership between Afghanistan and Uzbekistan, laying the groundwork for long-term prosperity and development of both countries.
Baradar noted that the center will enhance investment opportunities, commercial relationships, and job creation in both nations, and will introduce new markets for products and goods, and, overall, accelerate economic growth, according to a statement released by his office.
Highlighting the importance of this center, Mullah Baradar mentioned that the center’s inauguration would facilitate the production, processing, and export of goods, making it easier to access regional and global markets.
This will positively impact the economic relations between the two countries and establish the center as a key economic hub and commercial gateway for Central and South Asian nations, he said.
Furthermore, the trade center will strengthen joint cooperation between the two countries in the fields of technology and innovation.
According to Mullah Baradar, the center will create essential facilities and opportunities for Afghan and Uzbek traders, enabling them to find suitable markets for their products and actively contribute to the region’s economic development.
He called on the international community to establish appropriate reciprocal economic and trade relations with the Islamic Emirate of Afghanistan, in line with its economy-focused policies, and assured that the Islamic Emirate is committed to providing all necessary support and facilitation in this regard.
The ceremony was also attended by senior officials of Uzbekistan, Azerbaijan, Kazakhstan and Kyrgyzstan.
Business
Bayat Power in talks with Afghan officials for Phase 2 of gas to electricity project
Sahibzada said Bayat Power’s natural gas to electricity generation project will eventually produce up to 250 megawatts of electricity once Phase 3 is complete.
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Bayat Power officials say they are hoping to start work soon on Phase 2 of Bayat Power-1 in northern Jawzjan province in order to increase electricity production output for Afghanistan.
Company officials said Tuesday they have started discussions with relevant government departments to start the project.
Mohammad Shoaib Sahibzada, the technical head of Bayat Power, said that once Phase 2 is complete, electricity production will increase from 40 to 100 megawatts.
Sahibzada said Bayat Power’s natural gas to electricity generation project will eventually produce up to 250 megawatts of electricity once Phase 3 is complete.
“Currently, it has a production of 40 megawatts, and in the second phase, it will produce 100 megawatts. Bayat Power is in contact with the relevant officials regarding the start of the second phase, the discussions are ongoing,” said Sahibzada.
Bayat Power has produced one billion kilowatt hours of electricity in under five years after starting commercial operations in late 2019.
Sahibzada said that over the past five years, the company has also worked on capacity building of its technical employees.
After 40 years, Bayat Power is the first private company to produce electricity from natural gas in the country and the multi-million dollar plant uses Siemens Energy’s SGT-A45 mobile gas turbine for its economic efficiency, flexible deployment, and power density.
Currently providing electricity to hundreds of thousands of end-users and generating more than 300 million kWh annually, the project was structured as an innovative public-private partnership between Bayat Power, Siemens Energy, and Afghanistan government entities such as the Ministry of Mines and Petroleum, the Ministry of Energy and Water, and the General Directorate of Afghan Gas Corporation Company, Da Afghanistan Breshna Sherkat (DABS), and international partners.
The Bayat Group is the largest private investor in Afghanistan and Bayat Power is currently the only gas-powered plant in the country. The Siemens Energy’s SGT-A45 mobile gas turbine used by the company is the only one in operation in the world.
The former head of DABS Amanullah Ghalib said this week that Bayat Power was a good example of Afghanistan being able to implement big projects.
“To achieve self-sufficiency, one of the most important resources for Afghanistan is natural gas. Afghanistan has a lot of natural gas resources in the north and northeast, from which it can become self-sufficient for electricity production and reduce its dependence on its neighbors,” said Ghalib.
“Bayat Power project is one of the very effective and good examples that Afghanistan can use its experience and implement bigger projects in the future,” Ghalib added.
Related Stories:
Bayat Power blazes ahead as it hits the one billion kWh of energy production milestone
Afghanistan’s Bayat Power the Proud Winner of Asian Power Award 2023
Business
Iran reports 33% increase in exports to Afghanistan in first 3 months of 2024
Ruhollah Latifi, the spokesman for Iran’s chamber of industry and trade, said the total volume for this period was worth $520 million.
![](https://www.ariananews.af/wp-content/uploads/2023/03/Afghanistan-export.jpg)
Iran reported Monday its exports to Afghanistan increased by 33 percent in the first three months of this year.
Ruhollah Latifi, the spokesman for Iran’s chamber of industry and trade, said the total volume for this period was worth $520 million.
He also said Iran’s exports to Afghanistan could surpass $2 billion by the end of 2024, IRIB news agency reported.
Although Iran does not yet officially recognize the Islamic Emirate government, the country continues to develop trade links with its neighbor.
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