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Chinese company to import trucks and excavation machinery
A Chinese company is set to establish a truck and heavy machinery business in Afghanistan, the ministry of commerce and industry said Tuesday.
According to a statement, Shin Jin Co., Ltd, will invest $20 million in business operations in Afghanistan.
This week, the deputy minister Ahmadullah Zahid met with a representative of the company. The representative, named by the ministry only as Ying, said his company is ready to do business in the country.
He said they will import trucks and heavy excavation machinery and will open a showroom. Ying said a workshop to repair and service the vehicles will also be established.
Together, this will create about 50 jobs, he said.
Zahid reiterated in their meeting that there are many opportunities available for investors. He said: “Domestic and foreign investors have the same privileges in the field of investment.”
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Afghanistan’s first aluminum can factory launched in Herat with $120 million investment
Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, laid the foundation stone of the “Pamir” aluminum can production company at the industrial parks of Herat on Thursday.
Afghanistan’s first aluminum can manufacturing plant was officially launched on Thursday in Herat province, marking a significant step toward industrial development and economic self-reliance.
Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, laid the foundation stone of the “Pamir” aluminum can production company at the industrial parks of Herat on Thursday.
According to officials, the Pamir factory is the first of its kind in Afghanistan and is being established with an investment of $120 million. The project will be built on 16 jeribs of land within Herat’s industrial zones.
Once completed, the factory is expected to create employment opportunities for around 1,700 Afghan citizens. Officials say the project will play a key role in boosting domestic production, reducing reliance on imports, and strengthening the national economy.
Authorities described the launch of the project as a clear sign of growing investment in the industrial sector and ongoing efforts to promote economic self-sufficiency in the country.
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