Connect with us

Business

Afghanistan signs 845MW Power deal with Azizi energy; Baradar meets company Chief to advance investment plans

Published

on

Contracts for the commencement of practical work on five major power generation projects with a total capacity of 845 megawatts were signed on Wednesday between Da Afghanistan Breshna Sherkat (DABS) and Azizi Energy.

The signing ceremony was held at the Government Media and Information Center in the presence of Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar.

Under the agreements, Azizi Energy will invest approximately $463 million in the projects, which include 100 megawatts of solar power in the Naghlu area of Kabul province, 100 megawatts of solar power in Barik Ab area of Parwan province, and 130 megawatts of solar power in Ghazni province.

In addition, the company will construct 165 megawatts of coal-fired power generation in Takhar province and 350 megawatts in Baghlan province.

Officials said the solar projects are expected to be completed within two years, while the coal-fired plants will be finalized within three years. The projects form part of a broader 10,000-megawatt energy investment plan aimed at strengthening domestic electricity production and reducing reliance on imports.

Following the signing ceremony, Deputy PM Baradar met with Azizi Group’s Chief Executive Officer Mirwais Azizi and his technical team at his office.

Baradar welcomed the launch of practical work on the five projects, describing them as significant steps toward job creation and economic growth in the country.

Azizi expressed appreciation for the cooperation provided by the Deputy Prime Minister’s office and relevant institutions, stating that the company had faced no major obstacles in advancing its plans. He said the Islamic Emirate has demonstrated a strong commitment to national development, which paved the way for the implementation of the projects.

Azizi further announced that an additional 15 to 20 power generation projects, with a combined capacity of up to 5,000 megawatts, are expected to be launched by the end of the current year.

He also noted that work on the TAPI project is progressing steadily on Afghan soil. Once gas reaches Herat province, Azizi Group plans to coordinate with the Ministry of Mines and Petroleum to develop major gas distribution networks and establish a 3,000-megawatt gas-fired power plant.

Azizi called for close cooperation with relevant authorities in the exploration, extraction, and utilization of natural gas and coal resources for electricity production.

Deputy PM Baradar and officials from the concerned institutions assured full cooperation and joint coordination in advancing the energy sector projects.

The agreements mark one of the latest  investments in Afghanistan’s power infrastructure, signaling renewed efforts to boost domestic energy production and stimulate economic development.

Business

Tripartite agreement to launch new Russia–Turkmenistan–Afghanistan transit corridor

The agreement is scheduled to be finalized on the sidelines of the Kazan Forum 2026, according to Russian media reports.

Published

on

A tripartite agreement to establish a new trade and transit corridor linking Russia’s Republic of Tatarstan, Turkmenistan, and Afghanistan is expected to be signed in May, opening a fresh route for the movement of goods between Russia and Afghanistan.

The agreement is scheduled to be finalized on the sidelines of the Kazan Forum 2026, according to Russian media reports. The proposed corridor is seen as a strategic alternative to existing routes, particularly the North–South Corridor, which has faced disruptions due to ongoing tensions in Iran.

Rustam Khabibullin, head of the Russian Business Center in Afghanistan, said the new route could significantly streamline cargo transport between Russia and Afghanistan. He added that the corridor may also attract companies from Europe and Asia seeking more stable and reliable logistics options.

Afghanistan is considered a key supporter of the initiative. Once operational, the corridor is expected to facilitate direct shipments from Tatarstan to Afghanistan, reducing reliance on indirect transit routes through Central Asia.

The development has been welcomed by members of Afghanistan’s private sector, who say that expanding transit infrastructure and logistics networks could boost trade and contribute to economic growth.

In recent years, Afghanistan has emerged as an important market for Tatarstan’s halal products. According to reports, Afghan imports of halal goods from Tatarstan reached $51.7 million in 2025, marking a notable increase compared to the previous year. However, much of this trade has so far been conducted indirectly via third countries.

The planned corridor is expected to enhance direct trade links and improve efficiency in regional commerce.

Continue Reading

Business

Russia backs Uzbekistan–Afghanistan trade hub, praises regional economic cooperation

Published

on

A senior Russian diplomat has praised Uzbekistan’s efforts to boost regional trade and economic cooperation, highlighting the strategic importance of a new international trade hub near the Afghan border.

Mikhail Galuzin, Deputy Minister of Foreign Affairs of the Russia, made the remarks to media representative covering an international conference titled “Uzbekistan – Russia: Strategic Partnership in the Eurasian Space,” at the Termez International Trade Center in southern Uzbekistan.

Speaking to media representatives, Galuzin commended the development of the Surkhandarya region, describing it as a “unique oasis” with significant economic potential. He said the Termez International Trade Center—located in a free trade zone—represents a major step forward in strengthening trade links, particularly between Uzbekistan and Afghanistan.

“The project deserves the highest praise,” Galuzin said, adding that the center is expected to play a key role in expanding trade and economic ties and advancing broader strategic partnerships across the Eurasian region.

The trade center was established under a resolution by Shavkat Mirziyoyev and is designed to facilitate commerce by providing a platform for Uzbek and Afghan entrepreneurs to showcase goods and investment projects. According to Galuzin, such initiatives are already contributing to increased trade turnover, with Afghanistan currently ranking among Uzbekistan’s top trading partners.

He also noted growing interest from Russian regions and businesses in participating in the project, calling for further expansion of cooperation among the countries involved.

Galuzin emphasized that platforms like the Termez trade hub and international conferences play a vital role in building direct economic connections, which in turn help create stable supply chains and open new opportunities for trade and investment across the region.

Continue Reading

Business

Afghanistan opens doors to agribusiness investments amid rising opportunities

They urge MAIL to introduce incentive packages that would make the sector more attractive for investors.

Published

on

Officials from the Ministry of Agriculture, Irrigation, and Livestock (MAIL) have reiterated their commitment to expanding investment opportunities in Afghanistan’s agricultural sector, aiming to attract both domestic and international investors.

According to Sher Mohammad Khatami, spokesperson for the ministry, technical cooperation and land access are key priorities for supporting investors. “Around 72,000 jeribs of land have been allocated for agricultural and livestock projects across the country,” Khatami said.

The ministry highlights Afghanistan’s vast potential in agriculture, livestock, horticulture, irrigation, product packaging, storage, transport, and cold chain facilities. Private sector representatives note that with the proper technical support and land allocation, local investors would be more willing to participate in the sector.

However, some private investors have voiced concerns over the ministry’s performance, saying that despite Afghanistan’s high agricultural capacity, sufficient steps have not been taken to standardize products or achieve self-sufficiency.

Economic experts stress that well-targeted development of agriculture and livestock could unlock multi-billion-dollar investment opportunities.

They urge MAIL to introduce incentive packages that would make the sector more attractive for investors.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!