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Foundation stone of a large iron melting factory laid in Kabul

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Last Updated on: October 25, 2022

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The foundation stone of a massive iron melting factory, a $ 120 million private sector project was laid on Wednesday in Kabul.

Officials say that it is scheduled that the factory to be prepared up to the next six months and it is expected that the employment filed provided for nearly a thousand people.

Afghanistan is considered a rich country in terms of having massive iron riches, with the country’s ore resources has been listed among the biggest iron mines of the world.

In the light of investigation and exploration, Afghanistan is known a rich country because of the existence of precious stones of iron and other natural resources.

“The factory will melt irons 3 hundred tones daily. We will more focus on manufacturing sector and the factory will be unique in the region with the sign of “Khan”,” Khan Muhammad Wardak, investor said.

Meanwhile, the ministry of economic announced to make the investment opportunities more in the country.

“We praise this investment and the National Unity Government is ready to provide favorable conditions for investors,” Abdul Satar Murad, minister of economic said.

The Chamber of Commerce also hopes that the National Unity Government to do more efforts for attracting investments in the country.

“Everyone have eye to the government that the given commitments fulfill, especially the private sector,” Khan Jan Alkozai, deputy of chamber of commerce and industry said.

According to statistics, currently 13 iron melting factories are operating in the country which melts around 600 tons of iron daily.

Despite being one of the poorest nations in the world, Afghanistan may be sitting on one of the richest troves of minerals in the world, valued at nearly $1 trillion.

This comes as the mineral riches could lift Afghanistan out of poverty and fight crime and terrorism.

 

 

 

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Japan and UNDP launch $2.35 million livelihoods initiative in Afghanistan

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The Government of Japan, in partnership with the United Nations Development Programme, has launched a new $2.35 million initiative aimed at supporting vulnerable communities in Afghanistan facing economic hardship, climate shocks, and the aftermath of the country’s collapsing poppy economy.

The project, titled “Resilient Income Solutions Empowering Alternative Livelihoods (RISE)”, will run from March 2026 to March 2027 and target some of the country’s most affected regions, including Balkh Province and Nimroz province.

Funded by the Japan, the initiative seeks to help vulnerable Afghans, particularly women and women-led households, transition to sustainable sources of income.

The program will invest in productive infrastructure such as irrigation systems, water management facilities, and market-supporting assets, while also strengthening local value chains and supporting women-led businesses.

The project comes at a critical time, as Afghanistan faces overlapping challenges, including food insecurity, large-scale returnee movements, and limited economic opportunities. By promoting alternative livelihoods, the initiative aims to reduce reliance on illicit economies and help stabilize high-risk communities.

Japanese Ambassador to Afghanistan, Kenichi Masamoto, reaffirmed Japan’s commitment to the country’s recovery. “This project will build upon our previous support to continue providing much-needed sustainable livelihood opportunities, especially for women and vulnerable communities,” he said.

Meanwhile, Stephen Rodriques, Resident Representative of UNDP in Afghanistan, highlighted the urgency of such efforts. He described the initiative as part of a long-standing partnership between Japan and UNDP, adding that it “offers hope to vulnerable communities most affected by ongoing economic, social, and environmental crises.”

In addition to infrastructure and economic support, the RISE project will promote social cohesion by bringing together host communities and returnees through shared economic activities.

The initiative builds on UNDP’s earlier programs under the Area-Based Approach to Development Emergency Initiatives (ABADEI) and aligns with broader UN strategies for Afghanistan, with a focus on inclusive recovery and long-term stability.

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Afghan Public Works Minister and Iran envoy discuss economic, trade ties in Kabul

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Mullah Mohammad Isa Sani, the Islamic Emirate’s Minister of Public Works, met Tuesday with Alireza Bikdeli, Iran’s ambassador in Kabul, to discuss the expansion of economic and trade relations between Afghanistan and Iran.

The talks also covered railway construction projects, increasing transport along the Khaf–Herat railway, and the comprehensive development of trade transit facilities between the two countries.

Mohammad Ashraf Haqshenas, spokesperson for the Ministry of Public Works, said that during the meeting both sides emphasized joint cooperation between Afghanistan and Iran and discussed projects related to the repair, reconstruction, and modernization of railways, roads, and bridges.

According to Haqshenas, the meeting also stressed further strengthening economic ties between Afghanistan and Iran, increasing trade exchanges, and continuing close and sustainable cooperation in infrastructure projects.

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Karzai calls on UN to condemn Pakistan’s attacks on Afghan territory

Karzai also criticized Pakistan’s historical approach toward Afghanistan, noting that over the past four decades.

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Former Afghan President Hamid Karzai has urged the United Nations to publicly condemn recent attacks by Pakistan on Afghan soil, calling them violations of international law that undermine regional stability.

In a letter to UN Secretary-General António Guterres, Karzai highlighted that the attacks have caused civilian casualties and inflicted significant damage to Afghanistan’s national infrastructure. He warned that continued cross-border aggression could exacerbate instability in an already volatile region.

Karzai also criticized Pakistan’s historical approach toward Afghanistan, noting that over the past four decades, Islamabad has often used militancy and extremism as instruments of influence. “This strategy has consistently threatened Afghanistan’s sovereignty and fueled cycles of violence,” Karzai wrote.

The former president appealed to the UN Secretary-General to leverage diplomatic channels and international mechanisms to prevent further violations. He emphasized that decisive action by the international community could reduce tensions and help avert a deepening regional crisis.

These remarks come amid renewed tensions along the Afghanistan-Pakistan border, where skirmishes and airstrikes have been reported intermittently over the past several months. Analysts warn that without sustained diplomatic engagement, the border disputes could escalate into broader confrontations, threatening peace efforts in both countries.

Karzai’s call reflects growing international concern over the stability of South and Central Asia, particularly as Afghanistan continues to rebuild after years of conflict and Pakistan navigates its own internal security challenges.

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