Business
600 projects to resume activities in coming spring: MoE
Officials in Ministry of economy have reported that 600 projects which their activities has been suspended due to different reasons will begin its activities in coming spring.
Minister of economy Abdul Satar Murad has declared the following projects a factor boosting local resident’s economy.
He went on and said the following projects will begin their activities next year after the lower house of the parliament has approved the budget for the fiscal year of 1395.
“The following budget will not only is jumpstart for the suspended projects but also it will cover the new projects that we will launch them incoming year Minister of economy Abdul Satar Murad said.”
Minister of Economy Mr. Murad has also mentioned that 21 water power stations will be inaugurated incoming year of 1395.
Further he spoke about those life time projects which will create thousands of jobs opportunities for Afghan Nation the projects will be implemented are KASA 1000, TAPI.
His optimisms comes after the establishing of National Unity Government the poverty and unemployment level raised, thousands of Afghans specially young men and girls are remained unemployed, dozens of NGOs closed.
Business
Turkmenistan makes ‘significant progress’ on TAPI pipeline project
Turkmenistan has made “significant progress” on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, said TAPI Pipeline Company Limited CEO Muhammetmyrat Amanov.
“Turkmenistan is making significant progress on the TAPI natural gas pipeline, which will supply 33 billion cubic meters to South Asia annually,” he said.
Speaking at the Turkmen Energy Investment Forum (TEIF 2024) currently being held in Paris, Amanov highlighted that Turkmenistan’s section of the pipeline had been completed and ongoing discussions to advance the project beyond Turkmenistan were in strict alignment with the international standards.
He said the project envisaged environmental sustainability by leveraging natural gas to reduce emissions significantly compared to coal and oil, thereby tackling indoor pollution and enhancing regional air quality.
“In light of the ongoing project developments, Turkmenistan remains committed to upholding the international law, fulfilling its obligations and adhering to international norms and regulations,” he said.
This approach reaffirms Turkmenistan’s dedication to global cooperation and legal integrity in executing the TAPI project.
Looking ahead, the project’s focus is shifting to the Herat Offtake Strategy in Afghanistan, which will play a critical role in environmental protection by reducing air pollution, while also contributing to maintaining public safety, he said.
Business
Azizi calls on Malaysian investors to invest in Afghanistan
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.
Business
Afghanistan starts exporting via railway to Turkey
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.
-
Sport4 days ago
Afghanistan beat Iraq 5-3, inch closer to Futsal World Cup berth
-
Regional4 days ago
New UK sanctions target Iranian drone industry
-
Latest News4 days ago
EU allocates 17 million euros to support Afghans on the move
-
Latest News3 days ago
Pakistan extends registered Afghan refugees’ stay till June 30
-
World5 days ago
US student protests over Gaza intensify despite arrests
-
Regional3 days ago
China to host Hamas, Fatah for Palestinian unity talks
-
Sport2 days ago
Afghanistan qualify for FIFA Futsal World Cup for first time ever
-
Sport5 days ago
India’s Pant boosts World Cup hopes with IPL batting blitz