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More than $5 billion to be invested in first phase of Aynak Copper project in Logar province
Mawlawi Abdul Kabir, Deputy Prime Minister for Political Affairs, met with Song Wen Bing, President of the Mes Aynak Copper Contracting Company, this week and emphasized that once copper starts being extracted, the country’s mining revenue will be boosted.
According to a statement issued by the ministry, Song reiterated the company’s commitment to ensuring the timely initiation of extraction activities in line with the agreed schedule and operational plan.
Song meanwhile stated that more than $5 billion will be invested in the first phase of the project, with initial mining operations expected to start once the road to the site has been constructed.
He said the necessary machinery is scheduled to be imported next year.
Song also noted that the project will create jobs for 3,000 Afghans and that a group of Afghans will be sent for vocational training in China.
He also said that the surrounding historical sites and changes in the mining plan have contributed to delays in the project.
The Aynak copper mine contains millions of tons of copper and is believed to have the second largest copper reserve in the world.
The contract for the Aynak copper mine was signed in 1999 with the Chinese company MCC for 30 years, but due to security issues and prolonged excavations of ancient relics in the area, the extraction of copper was delayed.
A critical road to the mine has also been a challenge, but construction work on this recently got underway.
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Continued aid to Afghanistan vital for regional security: Kazakh president
Kazakhstan’s President Kassym-Jomart Tokayev has emphasized the continuation of humanitarian assistance to Afghanistan, stating that the ongoing provision of such aid plays an important role in ensuring regional security.
Speaking at the international conference “Peace and Trust” in Ashgabat, the capital of Turkmenistan, Tokayev described addressing complex humanitarian challenges and the reconstruction of Afghanistan as a necessity.
“To ensure regional security, we consider it essential to continue providing assistance to Afghanistan, including by strengthening international efforts to address complex humanitarian issues and the reconstruction of this country. Kazakhstan remains committed to supporting the people of Afghanistan through humanitarian aid, educational projects, trade development, and food security initiatives,” he said.
Meanwhile, experts believe that sustainable improvement of the humanitarian situation in Afghanistan requires broad cooperation from the international community and support for the country’s economic development.
“Investment can be defined as one of the fundamental drivers of the economic cycle, and whenever Afghan traders do not take their money out of the country and instead invest domestically, it naturally leads to greater growth and dynamism in Afghanistan’s economy,” said Abdul Zahoor Modabber, an economic analyst.
As the humanitarian crisis in Afghanistan continues, reports by international relief organizations indicate that millions of citizens of the country are in urgent need of food, health, and livelihood assistance.
The reduction in funding for aid organizations, the impacts of climate change, and the return of migrants have increased concerns about a further deterioration of the humanitarian situation in the country.
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Islamic Emirate declines to attend Tehran meeting on Afghanistan
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Sirajuddin Haqqani: A government that intimidates its people is not a true government
Khalifa Sirajuddin Haqqani, Minister of Interior of the Islamic Emirate of Afghanistan, said during a visit to Khost province on Friday that any government which rules through fear cannot be considered a true government.
“A government is one that is loved by its people, one that serves them with respect and compassion, and from whose behavior people learn ethics and sincerity,” he said.
Haqqani also stressed that Afghans who opposed the Islamic Emirate in the past should be tolerated and treated in a way that helps eliminate hostility and animosity, paving the way for national cohesion.
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