Connect with us

Business

Afghanistan signs agreement with DP World to bolster ports infrastructure

Published

on

The Ministry of Finance of Afghanistan and UAE-based DP World have signed an investment term sheet to modernize key commercial land ports, marking a significant step in enhancing the country’s trade infrastructure.

Abdullah Azzam, Head of the Economic Affairs Office at the Office of the Prime Minister, stated that the agreement opens the door for foreign investment and new contracts.

He said that that under this agreement, Afghanistan’s ports will be modernized and equipped with cutting-edge technology.

The agreement outlines the development of cargo handling facilities, port management systems, and operations using advanced equipment in line with international standards. Hairatan Port will be upgraded in the first phase, followed by Torkham Port in the second phase, with subsequent expansion to logistics corridors, economic zones, and other national projects.

DP World officials emphasized that the modernization of these ports will not only increase trade but also create new employment opportunities.

They highlighted Afghanistan’s strategic location as a vital link between Central and South Asia and pledged continued efforts to support the country’s economic growth.

Economic analysts believe the investment will boost trade efficiency, reduce costs, and enhance the country’s transit capacity. Modernizing the ports is also expected to attract further foreign investment and strengthen Afghanistan’s overall economy.

Business

Afghanistan expands exports through Lapis Lazuli Corridor

A transport company is scheduled to move the shipments on Sunday, March 15, along the route that links Afghanistan with Turkmenistan, Azerbaijan, and Georgia before reaching Turkey.

Published

on

Afghanistan’s Ministry of Transport and Civil Aviation has announced the dispatch of eight export shipments through Torghundi port via the Lapis Lazuli Corridor to international markets.

In a statement, the ministry said the move is part of ongoing efforts to facilitate transit and strengthen the country’s export sector. Officials confirmed that coordination has been completed for eight commercial consignments to be transported along the corridor.

According to the ministry, a transport company is scheduled to move the shipments on Sunday, March 15, along the route that links Afghanistan with Turkmenistan, Azerbaijan, and Georgia before reaching Turkey.

The consignments include dried fruits, jam, pressure cookers and energy drinks. After arriving in Turkey, the goods are expected to be re-exported to markets in Saudi Arabia, the United States, Australia and the Netherlands.

The Lapis Lazuli Corridor is a regional trade and transit route launched in 2018 to connect Afghanistan with European markets through the Caucasus and Turkey, providing an alternative pathway for Afghan exports beyond traditional routes.

The Ministry of Transport and Civil Aviation said expanding transit corridors, supporting export and import growth, and facilitating international transport operations remain among its key priorities.

Officials added that practical steps are being taken to strengthen Afghanistan’s role in regional trade and connectivity.

Continue Reading

Business

Uzbek exploration company launches energy survey project in Afghanistan

The new seismic survey marks the second major energy exploration initiative by Uzbek companies in Afghanistan in recent years.

Published

on

An exploration company backed by the government of Uzbekistan has begun collecting seismic data in northern Afghanistan as part of a new energy exploration project agreed between the two neighboring countries last year.

According to Uzbekistan’s Ministry of Mining Industry and Geology of Uzbekistan, the Uzbek Overseas Geology Company (UOGC) has started work to gather 2D seismic data across three exploration blocks in northern Afghanistan: Ahmadabad, Muhammad-Jandagar, and Shamar.

The three blocks cover more than 7,600 square kilometers near Afghanistan’s border with Tajikistan. Initial seismic surveys are expected to focus on about 600 square kilometers of the area.

Officials say the project will be fully financed by UOGC and aims to identify potential hydrocarbon reserves, while also assessing the area for other mineral resources, including iron and copper deposits.

The exploration work follows a cooperation agreement signed in 2025 between Uzbekistan’s mining ministry and Afghanistan’s Ministry of Mines and Petroleum of Afghanistan. Under the deal, the Uzbek side has two years of exclusive exploration rights in the blocks.

If commercially viable resources are discovered, Afghan authorities have agreed to give priority development rights to an operating company formed by the Uzbek partners.

The Uzbek Overseas Geology Company was established in early 2025 by two state-linked Uzbek exploration firms, Uzbekgeologorazvedka and Uzbekgeofizika, the latter being affiliated with Uzbekistan’s state energy producer Uzbekneftegaz.

Growing Uzbek energy involvement in Afghanistan

The new seismic survey marks the second major energy exploration initiative by Uzbek companies in Afghanistan in recent years.

In 2024, authorities in Tashkent announced that Eriell KAM—a joint venture between Uzbekistan’s oilfield service provider Eriell Group and Afghanistan’s Kam Group—had taken over exploration plans for the Totimaidan gas block.

The Totimaidan block is located in Faryab Province near the border with Turkmenistan and spans roughly 7,000 square kilometers. The area is believed to contain the undeveloped Juma and Bashikurd sour gas fields, according to energy consultancy Wood Mackenzie.

Although Afghanistan originally auctioned the block in 2014, a production-sharing contract was never finalized.

Regional cooperation and economic integration

Analysts say Uzbekistan’s growing involvement in Afghanistan’s resource sector reflects both geographic proximity and broader regional economic interests.

Tashkent-based investment consultant Farkhodjon Israilov said exploration projects in Afghanistan are not only about energy resources but also about encouraging infrastructure development and economic activity in the country.

According to Israilov, greater regional investment and economic integration could contribute to long-term stability and mutually beneficial growth for Afghanistan and its neighbors.

Uzbek officials say the seismic surveys represent an important step toward identifying Afghanistan’s untapped natural resources while expanding energy cooperation between the two countries.

Continue Reading

Business

UNHCR launches largest carpet-weaving centre in western Afghanistan

Over the past year, some 2 million Afghans have returned from Iran, highlighting the urgent need for economic opportunities, especially for women, said UNHCR.

Published

on

The UNHCR, in collaboration with the Islamic Development Bank, on Wednesday inaugurated the largest carpet-weaving center in western Afghanistan’s Herat province.

The initiative, attended by UN Deputy Special Representative Indrika Ratwatte and local community leaders, will support 400 returnees, with more than three-quarters of them women, providing livelihoods and skills training.

The centre aims to empower returnees and host communities, helping them rebuild sustainable livelihoods, a priority need identified by Afghans returning from Iran.

Over the past year, some 2 million Afghans have returned from Iran, highlighting the urgent need for economic opportunities, especially for women, said UNHCR.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!