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Balkh factory owners concerned about ongoing economic crisis

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Balkh Chamber of Industries and Mine said that 90 percent of factories in the province are under extreme financial duress due to the economic crisis gripping Afghanistan.

According to officials, their problems stem from limited access to funds in bank accounts and to the limited support provided by the authorities.

Officials urged the Islamic Emirate of Afghanistan (IEA) to support domestic manufacturers and said if they did, export volumes would increase.

One member of the chamber said however that they were optimistic about the future.

“Factories are restarting their activities day by day. It has increased now. We are optimistic about the future. As you know factories produce employment opportunities… (factories) will impact the economy,” said Sayed Ismail Hussaini, a member of the Balkh chamber.

Some local businessmen said that they have been struggling since the takeover by the IEA in August.

“We export to European countries and to Russia. Now 80 percent of our work faced problems,” Sayed Hamidullah, head of a factory in Balkh.

Balkh women, employed in local factories, meanwhile called on the IEA to provide more job opportunities for women.

“The weather is cold, we face many problems, all should keep in mind the situation of women,” said Zaiba, one female factory worker.

“Big factories in Balkh should be reopened, because people face problems, unemployment has increased,” said Gull Chaman another woman.

“We call on the government to reopen factories in Balkh,” said Fatima.

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Fifth section of Hairatan–Mazar-i-Sharif railway reopens in northern Afghanistan

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Mullah Abdul Ghani Baradar, the Deputy Prime Minister for Economic Affairs, on Thursday officially reopened the fifth section of the Hairatan–Mazar-e-Sharif railway line in northern Balkh province, marking another step in Afghanistan’s efforts to expand its rail infrastructure and regional trade connectivity.

Speaking at the reopening ceremony, Baradar praised the Ministry of Public Works for its efforts in developing Afghanistan’s railway network and expressed appreciation for Uzbekistan’s cooperation in the project.

He said economic and commercial ties between Afghanistan and Uzbekistan have strengthened significantly in recent years, adding that a joint committee led by the governor of Balkh and involving relevant institutions has been established to further enhance bilateral cooperation.

Officials said the newly reopened section of the railway is 70 kilometers long and includes 30 kilometers of branch lines, five railway stations, and the capacity to unload up to 50 wagons simultaneously.

The government said the reopening of the railway section is expected to improve the transportation of commercial goods, increase trade volume, and facilitate regional economic connectivity between Afghanistan and neighboring countries.

The Hairatan–Mazar-e-Sharif railway is considered one of Afghanistan’s most important trade corridors, linking the country to Central Asia through Uzbekistan.

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Kabul, Tashkent push industrial cooperation with planned factory transfers

The talks focused on strengthening collaboration in the light industry sector and making use of Uzbekistan’s experience in manufacturing and industrial development.

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Afghanistan and Uzbekistan have discussed the transfer of 20 light industry factories to Afghanistan as part of efforts to deepen economic cooperation and expand industrial investment between the two countries.

According to Afghanistan’s Ministry of Industry and Commerce, the discussions took place during a bilateral meeting between Nooruddin Azizi, Afghanistan’s Minister of Industry and Commerce, and Nozimjon Kholmurodov, head of the Light Industry Development Agency under Uzbekistan’s Council of Ministers, along with their respective delegations.

The talks focused on strengthening collaboration in the light industry sector and making use of Uzbekistan’s experience in manufacturing and industrial development.

Key topics included standard cotton cultivation in Afghanistan, cotton processing and yarn production, as well as the relocation of cotton processing, leather and cashmere factories from Uzbekistan to Afghanistan. The two sides also discussed the production of leather boots and textiles in Afghanistan and the export of Uzbek-made garments to Afghan markets.

Officials further reviewed plans for transferring 20 factories from Uzbekistan to Afghanistan across various industrial sectors.

Discussions also covered organizing a specialized international light industry exhibition at the Termez joint market and promoting joint investment in Afghanistan’s yarn production industry.

At the conclusion of the meeting, both sides introduced technical and liaison teams tasked with following up on the implementation of the agreed initiatives.

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Afghanistan’s domestic pharmaceutical production sees major growth: Mullah Baradar

Officials attending the exhibition said 134 pharmaceutical manufacturing factories are currently operating across Afghanistan, producing around 1,170 types of medicines.

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Mullah Abdul Ghani Baradar on Tuesday announced a significant increase in Afghanistan’s domestic pharmaceutical production, saying local manufacturers are now supplying a much larger share of the country’s medicine demand.

Speaking at the opening ceremony of the second national and international Abu Ali Sina Balkhi specialized exhibition in Kabul, Baradar said strengthening domestic production is one of the most effective ways to counter economic pressure and sanctions.

According to him, a decline in imports of foreign medicines in recent months has helped accelerate growth in Afghanistan’s pharmaceutical sector, while public trust in locally produced medicines has also increased.

“Today, a considerable portion of the country’s pharmaceutical needs is being supplied through domestic production,” Baradar said.

He noted, however, that despite recent progress, Afghan pharmaceutical factories still need to improve production standards and expand output in line with international requirements.

Baradar also called on traders to avoid hoarding medicines or selling them at inflated prices, urging relevant authorities to take firm action against such practices.

The deputy prime minister invited both domestic and foreign investors to invest in Afghanistan, saying the Islamic Emirate is working to simplify investment procedures and introduce electronic systems to facilitate business operations.

He added that the Islamic Emirate is not only focused on strengthening the domestic economy but is also seeking to expand regional and international economic ties.

According to Baradar, economic engagement with neighboring and regional countries has increased in recent months.

Officials attending the exhibition said 134 pharmaceutical manufacturing factories are currently operating across Afghanistan, producing around 1,170 types of medicines.

They added that nearly $450 million has been invested in the sector so far, and domestic production now meets 38 percent of the country’s pharmaceutical demand — up from 25 percent just eight months ago.

The Abu Ali Sina Balkhi specialized exhibition, which features dozens of pharmaceutical companies, will continue for four days in Kabul.

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