Connect with us

Business

Three-day expo of Iranian goods and services underway in Kabul 

Ariana News

Published

 on

(Last Updated On: September 23, 2020)

Iran is hosting a three-day trade exhibition in Kabul in the hope of strengthening bilateral trade ties with Afghanistan. 

Speaking at the event, Iran’s Ambassador to Afghanistan Bahador Aminian said the exhibition aims to promote trade and share technical “know-how” with Afghanistan. 

Iran’s Commercial Consular in Kabul Javanmard Qassab said the exhibition will last for three days in an effort to introduce Iranian products to Afghan customers.

He said the embassy was hoping to sign agreements between Iranian and Afghan businesses. 

Trade value between the two countries has now topped $1.5 billion, with Iran exporting a large amount of goods to its neighbor annually. 

Afghan traders are also showcasing their products to Iranian businesses.

 Representatives of 21 Iranian companies that offer services within the municipal sector are participating along with 54 other Iranian companies. 

These companies are from a cross-sector of the commercial industry including technical and engineering services, along with electricity, energy and telecommunications providers.

Business

Government to build four dams in Zabul

Ariana News

Published

on

(Last Updated On: May 14, 2021)

The Afghan government said Friday that four dams would be constructed in Zabul province in order to help manage waters in the country, local officials said.

According to the officials, the dams – Mizan, Markok, Qaria Aja, and Allaudin – would be constructed at a cost of 132 million AFN.

The officials stated that the dams will be used for hydroelectric and irrigation purposes once the projects are implemented.

Ahmad Gul Rasouli, Governor of Zabul, stated that the dams could also produce between 61 to 77 MW of electricity.

The development comes as the government last month promised to begun constructions of 44 across the country this month.

According to the National Water Affairs Regulation Authority (WARA), the following dams, at an estimated cost of $600 million, would be contracted in 21 provinces.

Aghan Jan in Uruzgan; Mizan, Markok, Qaria Aja, and Allaudin in Zabul; Zardalo, Mullah Cheragh, and Chard in Ghazni; Gromby, Gorbat and Jalrez in Maidan Wardak; Gomal, Gomal Dowom, Zama, and Rustai Mirza in Paktika; Domand in Khost; Kharwar in Logar; Sori Khola in Paktia; Sultan Ibrahim and Qale Sokhta in Sar-e-Pul; Almar and Khisht Pol in Faryab; Rustai Aab in Samangan; Kantiwa and Kala Gosh in Nuristan; Aab Lory in Kandahar; Shoray, and Buzbai in Badghis; Wursaj Socha Maagh in Takhar; Dahane Mohammad Gicha in Bamiyan; Dare Bamsir in Daikundi; Shina, Zardag Bam, and Khair Maidanak in Ghor; Noor Gul and Qata Qala in Kunar; Pang Ziyan, Dare Shrasta, and Surkh in Nangarhar; Buzban in Ghor; Talkhak in Parwan; and Watan Gat in Laghman.

WARA stated that the dams, which will be used for hydroelectric and irrigation purposes, could store around 1,200 million cubic meters of water once the projects are implemented.

Once construction is complete, these dams will also irrigate an estimated 320,000 hectares of land, WARA said.

The Afghan officials said that the projects would also provide employment for thousands of people.

Continue Reading

Business

ADB committed to assisting Afghanistan post troop withdrawal

Ariana News

Published

on

(Last Updated On: May 13, 2021)

The Asian Development Bank says it will continue its economic programs in Afghanistan after US and NATO troops have withdrawn.

Officials at the bank said that although the withdrawal of foreign troops from Afghanistan will create an economic vacuum, the bank is working to continue its development plans for Afghanistan.

Officials added that they are continuing their projects in the sectors of electricity, transport and agriculture.

“We have a large number of infrastructure projects, and the security of these projects is provided by the Afghan Public Protection Forces, we will continue to work,” said ADB’s Country Director for Afghanistan Narendra Singru.

On the other hand, the Afghan Chamber of Commerce says that there are economic-related concerns about the withdrawal of foreign troops from Afghanistan, and some problems will remain in this area.

However, economists say continuing ADB projects in Afghanistan could address some of the economic challenges posed by the withdrawal of foreign troops.

Continue Reading

Business

Public Works on track with new road linking Badakhshan to China

Ariana News

Published

on

(Last Updated On: May 11, 2021)

The Ministry of Public works said Tuesday that construction of a road, connecting Afghanistan’s Badakhshan province to China, is underway and 15 percent of the project has been completed.

The Ministry said in a statement, the construction of a 49.7km unpaved road has started from Bozhai Gonbad Khord Pamir in Badakhshan and extends to the end of the Wakhan corridor close to the border with China.

The Ministry stated that the project is part of the government’s future plan for boosting regional transit that “brings Afghanistan steps closer to regional connectivity and economic policy.”

The project, at a cost of more than 369 million AFN, will be funded by the government, the statement said.

According to the statement, the impassable mountainous Wakhan corridor, which is a narrow strip of territory in Badakhshan province that extends to China and separates Tajikistan from Pakistan and Kashmir, would be connected to China via the road.

The Ministry of Public Works stated that the road, which will eventually be paved, will be the Wakhan Route and will “not only be a shortcut between China and Afghanistan…but will also help tourists reach Wakhan National Park.”

Historically, Badakhshan is a region comprising parts of what is now north-eastern Afghanistan, eastern Tajikistan, and the Tashkurgan county in China. However, the name is retained by Afghanistan in Badakhshan Province.

Located in northeastern Afghanistan, Badakhshan is bordered by Tajikistan, Pakistan and China.

Most of the province is occupied by the Hindu Kush and Pamir mountain ranges.

Once Badakhshan was a stopover on the ancient Silk Road trading path but the Wakhan corridor has been closed to regular traffic for over a century as there is no modern road.

There is a rough track for a few dozen kilometers that was built in the 1960s, but for much of the way, to the Chinese border, there are only rough paths.

The remoteness of the region has meant that, despite the long-running wars of Afghanistan since the late 1970s, the region has remained virtually untouched by conflict and many locals, who are mostly composed of ethnic Pamir and Kyrgyz, are not aware of wars in the country.

Continue Reading

Trending

Copyright © 2021 Ariana News. All rights reserved!