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IEA prioritizes mining in bid to boost the country’s economy

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The Islamic Emirate of Afghansitan’s (IEA) Ministry of Mining and Petroleum has paved the way for investors and mining companies to do business in the country, officials said.

During a visit to Kandahar and Helmand provinces on Saturday, the minister of mining Shahabuddin Delawar said the authorities are trying to attract investors and in doing so are giving special concessions.

“I can say this today with certainty that the ground has been provided for trade and investment in Afghanistan, more than any other country around the world,” said Delawar.

He said that in order to provide employment opportunities for young people, domestic and foreign businessmen are being offered special packages to invest in the mining processing sector of the country.

In the past not much attention was paid to mining in the country, Delawar said, adding that the Islamic Emirate is focusing more on mining and investing in this sector in order to boost the country’s economy.

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Traffic accident in Badakhshan leaves 12 dead, 3 injured

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Ehsanullah Kamgar, spokesperson for the Badakhshan Provincial Police Command, said that 12 people were killed and three others were seriously injured in a traffic accident in Arghanjkhwah district of the province.

Kamgar added that the incident occurred at noon on Saturday in the Samdar area of Arghanjkhwah district.

According to him, the victims include men, women and children.

He explained that the incident happened when a Flancoach -type vehicle veered off the road due to poor road conditions and plunged into a ravine.

The injured were transferred to health centers for treatment, and the condition of some of them has been reported as critical.

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Afghanistan to grant one- to ten-year residency to foreign investors

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The Islamic Emirate of Afghanistan has approved a plan to grant foreign investors residency permits ranging from one to ten years in exchange for investment in the country.

The decision was endorsed during a regular meeting of the Economic Commission, chaired by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar.

According to a statement from the deputy PM’s office, a designated committee has been tasked with determining the length of residency based on the volume of investment, which will be categorized under specific criteria.

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Traffic police receive new cars

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The Ministry of Interior has announced the delivery of several new, modern cars to the General Directorate of Traffic Police, replacing the older fleet that consisted mostly of trucks.

According to a ministry statement, the new vehicles, equipped with special traffic police colors, markings, and modern equipment, are expected to play a key role in maintaining traffic order in cities and on main roads, preventing accidents, and providing faster services to the public.

 

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