Business
Ring Road Connects Faryab-Badghiz-Herat Failed to be asphalted

The High way ring road which connects Faryab, Baghiz to Herat Provinces has already lost $ 200 million directly and indirectly.
Acting Minister of Finance said,” the following loss has been made due to poor management, in Ministry of public works.”
However the former Minister of public works Najeebullah Ozhan believed that the contract for the following project doesn’t meet our standards and the construction company who has been ready to accomplish the ring road construction was a thief.
Still the acting Minister of the public works has refused the following claims made.
The ring road from Qaisair district of Faryab all the way to Laman area of Herat Province lengths 233 kilo meter with the cost of $397 million supported by the Asian Development Bank its contract has been signed with joint US-Turkey construction companies (EMJV) and the project was supposed to be accomplished within 4 years by now.
This ring road is counted as one of the high way roads in Afghanistan which connects three provinces Faryab- Badghiz to Heart.
Former Minister of Public works Najeebullah Ozhan said,” the (EMJV) construction company after about one year has left the construction of the road and escaped from Afghanistan, the following company has received $107 million in advance which cashed out $12 million from its Bank account and left the country.
EMJV Company has had second hand construction companies do the rest 10% of its responsibility with the less amount of money.
Officials in Ministry of finance claimed that we have reminded the officials in Ministry of public works for such huge loss of $200 million coming from the construction phase of the ring road.
Former Minister of Public Works has rejected the claimed said,”the following construction company has come to Afghanistan to loot money related to the case the officials in Asian Development bank are involved in taking bribes.
Among those robbers, the third company named Oil International who had the responsibility of monitoring has received $30 million and deputy protection of public has gained $50million, and the second hand construction companies has spent $25 on the road construction and yet they receive their money.
Head of the road construction company Shawali said,” we have told to the deputy of the Ministry of Public works NoorGul Mangal that the EMJV responsible willing to flee from the country, he didn’t listen to our voice.”
Acting Minister of Public works Mangal though doesn’t provide clear reasons why the company left the country still speaks out about the challenges which the construction company used to tackle with, the main reason to leave the country has not been clear whether they have been frightened to death or.”
There are some documents existed that the EMJV owed several Afghan construction companies for their construction work, even this issue has been taken to the court once in awhile .
Based on the court documents the officials for the construction company (EMJV) were not permitted to leave Afghanistan but due to some mediators from Afghan Government they flee from the country.
Former Minister of Public Work Najeebullah Ozhan has said,” I have asked the EMJV and Asian development Bank Officials for the termination of the contract.
Officials in Ministry of Finance rejected his claim saying the EMJV has asked for termination of the contract because Ministry of public works doesn’t follow the condition of the contract.
This comes after that Afghanistan has been awarded as the fourth corrupted countries in the world.

Business
Azizi and Zhao Xing discuss increasing Afghanistan’s exports to China

Acting Minister of Industry and Commerce Nooruddin Azizi and Zhao Xing, the Chinese Ambassador to Kabul, met on Tuesday and discussed increasing Afghanistan’s exports to China, particularly pine nuts, pomegranates, and precious and semi-precious stones such as nephrite, onyx, lapis lazuli, and talc, the ministry said in a statement.
According to the statement the goal of the meeting was to facilitate direct exports to China in order to reduce transit costs and transportation of Afghan goods, as well as to address the importation of machinery needed for the country.
Azizi and Zhao have agreed to establish a joint working group for further coordination, expanding trade relations, and creating facilities for trade, with the aim of holding regular meetings, the statement read.
Business
Deputy PM inaugurates launch of Arghandi Transport Terminal Project in Kabul Province

Mullah Abdul Ghani Baradar Akhund, Deputy Prime Minister for Economic Affairs, on Sunday inaugurated the start of construction work on the Arghandi Transport Terminal in Paghman District of Kabul Province.
The inauguration ceremony was attended by the Acting Minister of Transport and Aviation, Mullah Hamidullah Akhundzada, representatives from the private sector, and a number of local residents.
Baradar said the initiative was a vital step in the development of transport infrastructure in the country.
He stated that the development and expansion of transport infrastructure is an essential step toward economic growth, national development, and domestic and regional connectivity.
According to him, decades of war and corruption resulted in the sector having been neglected.
He said existing infrastructure has deteriorated due to poor quality construction; public lands have been usurped by individuals; and that highways and roads have been significantly narrowed.
Baradar also pointed out the need for investment in the transport sector; for the recovery of usurped state land; and the identification and restoration of original roads. He said these factors were among the core national objectives of the Islamic Emirate of Afghanistan.
In line with these goals, construction work on the Arghandi Transport Terminal got underway on Sunday.
Baradar said the Islamic Emirate is not only firmly committed to the development and expansion of transport infrastructure but is also actively pursuing other fundamental strategic objectives.
The Arghandi Transport Terminal in Kabul Province will be constructed on approximately 900 jeribs of land and will cost about 1.285 billion afghanis.
The project is expected to be completed by the private sector within two years.
Upon completion, the terminal will enhance transportation facilities, play a key role in improving the efficiency and organization of logistics and transit operations, reduce transportation costs and traffic congestion, and provide employment opportunities to a large number of citizens.
Business
Azizi and Sadiq discuss Kabul-Islamabad trade and transit challenges

Acting Minister of Industry and Commerce, Nooruddin Azizi, and Mohammad Sadiq, Pakistan’s Special Representative for Afghanistan, met on Saturday to address ongoing trade and transit challenges, stressing the importance of preventing political tensions from impacting economic ties, the ministry said in a statement.
The two officials focused on finalizing the Preferential Trade Agreement (PTA) and resolving issues related to the Afghanistan-Pakistan Transit Trade Agreement (APTTA), the statement read.
The meeting also discussed the upcoming visit of Pakistan’s Deputy Prime Minister to Afghanistan and a planned visit by an Islamic Emirate delegation to Pakistan.
The ministry hailed Sadiq’s visit to Kabul as a positive step, with Azizi emphasizing its constructive role in enhancing bilateral trade relations.
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