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Nearly 1 billion AFN invested in mines so far this year: officials

They stated that efforts are underway to attract large investments in the mining sector.

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Officials from the Ministry of Mines and Petroleum (MoMP) say nearly one billion AFN have been invested in small and large mines since the beginning of the 1403 solar year.

The ministry officials said that since then, they have signed small and large contracts, the volume of which reaches one billion AFN.

The officials added that all mining contracts have been signed with domestic companies.

They stated that efforts are underway to attract large investments in the mining sector.

“On a small scale, the total value of all these investments is 500 million AFN. Similarly, the Ministry of Mines and Petroleum has two large-scale contracts this year, one of which is the Jagdalak ruby mine in Kabul and the barite mine in Herat province where the mining contract for this mine had also been signed with a domestic company,” said Homayoun Afghan, the spokesperson for the Ministry of Mines and Petroleum.

Officials from the Afghanistan Chamber of Commerce and Investment (ACCI) have stated that there is a good opportunity to invest in the mining sector and interest in investing has increased.

“Especially in the mining sector, there are many developments and the work is good. The mine goes abroad a lot. From 2 billion exports, most of them are minerals, which are not rare, but semi-precious minerals,” said Khanjan Alkozi, a member of the ACCI.

“But in general, foreign and domestic traders are interested in investing in agriculture, production, mines and processing,” he added.

Meanwhile, economic analysts believe that if the Islamic Emirate creates more facilities for private investors, domestic and foreign investments will expand in the country, and along with the increase in government income, employment opportunities will be provided for thousands of citizens.

Related stories: 

Investing in Afghanistan mines can be profitable for Iranian industry: Qiafeh

Minister of Mines and Petroleum visits Mes Aynak copper mine

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AWCC activates new site in Nangarhar’s Kuz Kunar district

Residents of Kuz Kunar expressed happiness over gaining access to telecom and internet services and called for the further expansion of such services across Nangarhar.

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Officials from Afghan Wireless Communications Company (AWCC) say they have activated a new site in the Kuz Kunar district of Nangarhar province.

According to AWCC representatives, the launch of this site has provided thousands of families with access to telecommunication and internet services.

They added that Afghan Wireless will also soon launch 4G internet services in the area.

Meanwhile, officials from Nangarhar’s Department of Telecommunications and Information Technology stated that efforts are underway to expand telecom services to other remote areas of this province.

Rahimullah Shinwari, head of the ATRA (Afghanistan Telecom Regulatory Authority) office in Nangarhar, said that with the activation of the new AWCC site, 25,000 families will now have access to telecom and internet services.

Residents of Kuz Kunar expressed happiness over gaining access to telecom and internet services and called for the further expansion of such services across Nangarhar.

In recent years, AWCC has extended its telecom and internet services to many remote areas across the country.

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Moscow’s move a ‘significant step toward recognizing Afghanistan’s political realities’, says Haqqani

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Acting Minister of Interior Sirajuddin Haqqani on Wednesday met with Zamir Kabulov, Russia’s special envoy for Afghanistan, and Dmitry Zhirnov, Russia’s ambassador to Kabul.

Haqqani expressed appreciation for Moscow’s recent decision to remove the Islamic Emirate from its list of terrorist organizations. He described the move as “a significant step toward recognizing the political realities of Afghanistan.”

In a statement, the interior ministry said that both sides emphasized the importance of upgrading diplomatic relations to the level of embassies and reaffirmed their commitment to mutual cooperation in the fields of security and trade.

During the meeting, the two parties also discussed regional and bilateral cooperation in the areas of security, economy, and commerce, and stressed the need to strengthen ties between the two countries.

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Special meeting will be held to launch Afghanistan–Russia joint commission, says Kabulov

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Zamir Kabulov, Russia’s special envoy for Afghanistan, on Wednesday met with Afghanistan’s Acting Minister of Foreign Affairs Amir Khan Muttaqi in Kabul and said a special meeting will be held on the sidelines of the Kazan Forum to officially launch the permanent joint commission between Russia and Afghanistan.

According to a statement issued by the Afghan foreign ministry, Kabulov said that expanding relations with Afghanistan is important to Russia, and for that purpose, Moscow has taken steps to remove obstacles in the path of developing bilateral ties.

This comes after Moscow last week removed the Islamic Emirate from their list of militant organizations.

During the meeting, Muttaqi expressed appreciation for Russia’s recent move to remove the IEA from its list of banned organizations and stated that the Islamic Emirate will soon appoint a diplomat at the ambassadorial level to serve in Moscow.

The two sides also discussed enhancing bilateral relations between Afghanistan and Russia, expanding economic and trade cooperation, and addressing certain regional issues.

The 16th International Economic Forum “Russia – Islamic World: Kazan Forum” will be held from May 13 to 18 in the city of Kazan, Russia. Afghan products and goods will be showcased at the event.

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