Connect with us

Business

62 Percent of Development Budget Consumed: MoRRD

Published

on

(Last Updated On: October 24, 2022)

2Officials in Ministry of Rural Rehabilitation and Development (MoRRD) said 62 percent our development budget has been consumed so far and soon $ 33,3 million dollar would be added on the development budget of the Ministry to launch various projects, in the recent act the following Ministry has signed 28 projects with cost of 1 billion Afghani with different companies to do the work in 15 provinces.

Ministry of Rural Rehabilitation and Development is in the second position of the Ministries list which has consumed most of its development budget by launching different projects across the country.

Minister of Rural Rehabilitation and Development Naseer Ahmad Durani said,” We have consumed 62 percent of our development project, the current budget is $ 245,7 and soon $ 33,3 million dollar would added in the development budget which will level up the budget close to $ 280 million.”

28 development projects were signed between the Ministry and private companies.

“We have signed 28 development projects with the cost of 926, 1000000 million Afghani which will include construction of roads, residential houses in Refugees Town and irrigation system Minister of Rural Rehabilitation and Development Naseer Ahmad Durani said.”

Due to huge part of the projects will be implemented in Baghlan province, representative of Baghlan insisted on the clear implementation of projects.

Mp Obaidullah Ramin said,” We demand both sides to implement the projects based on the standards and officials within the Ministry to have close eye and supervision from the quality of work which will done by the contractors.”

It’s mentionable that Ministry of Rural Rehabilitation and Development has been launching 10785 projects across the country with the costing of $ 292 million on Transportation, irrigation, drinkable water, health, education, electricity in 34 provinces of Afghanistan.

Reported by Ali Asghari

Advertisement

Business

Azizi calls on Malaysian investors to invest in Afghanistan

Published

on

(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

Continue Reading

Business

Afghanistan starts exporting via railway to Turkey

Published

on

(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

Continue Reading

Business

Afghanistan, Kazakhstan to hold joint expo in Kabul

Published

on

(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.

Continue Reading

Trending

Copyright © 2022 Ariana News. All rights reserved!