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Iran seeks to attract Afghan investment in its major projects, envoy says
Tehran is seeking to encourage Afghan entrepreneurs and investors to invest in Iran’s major projects by facilitating conditions and removing obstacles, Iran’s special envoy for Afghanistan Hassan Kazemi Qomi said.
Speaking on the sidelines of an international expo in Mashhad city, Qomi said that the development of Iran’s Chabahar port requires the attraction of large capitals and that the route between Iran and Afghanistan can create a transit corridor for the region from north to south and east to west.
He said that countries in Central Asia and Afghanistan are interested in developing economic cooperation with Iran.
“Considering the good experiences that started in the field of construction post-war, Iran’s policy is based on helping the stability and security and construction of other countries, therefore, a serious role to participate in the reconstruction of countries like Afghanistan exists,” Qomi said.
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Afghanistan signs 30-year deal for marble mining in Daikundi
The Ministry of Mines and Petroleum of Afghanistan has signed a 30-year agreement with a private company to extract marble in Daikundi province.
Under the contract, the company will invest AFN 283 million in exploring and mining marble at the “Mesh-Uliya” site, spanning 16.74 square kilometers in central Daikundi.
Hedayatullah Badri, Minister of Mines and Petroleum, stated that the marble will be processed domestically before being exported abroad. He added that the Mesh-Uliya project is expected to create around 200 jobs, and the company is committed to supporting local communities through social initiatives.
Economic experts highlight that such investments, especially those focusing on domestic processing, are crucial for job creation, boosting exports, and strengthening the national economy. Analysts further note that the project will improve local infrastructure, expand social services, and enhance the economic and social well-being of Daikundi residents.
Since the return of the Islamic Emirate to power, efforts to develop Afghanistan’s mining sector have intensified, with multiple contracts signed in areas including cement, copper, iron, and lapis lazuli, involving both domestic and international companies.
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Passenger bus veers off Salang Highway, leaving 5 dead, dozens injured
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Major fire in Mandawi Kabul market contained, extensive losses prevented
Local shopkeepers said the fire broke out around 4 a.m.
The Ministry of Interior reported that personnel from the General Directorate of Firefighting and Emergency Response successfully prevented the further spread of a fire at Mandawi market on Kabul early Sunday morning.
Abdul Mateen Qani, spokesperson for the ministry, said that the fire destroyed 10 storage facilities and 8 shops. He added that initial losses are estimated at around $700,000, but timely action by firefighting personnel saved property worth approximately $2.2 million.
Qani explained that the fire was caused by an electrical short circuit. He praised the rapid and effective containment operations, which prevented more extensive damage.
Local shopkeepers said the fire broke out around 4 a.m.
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