Business
Afghanistan signs $67 million contract for cement production in Samangan
The Ministry of Mines and Petroleum said the plant will have a production capacity of 1,200 tons of cement per day.
Afghanistan’s Ministry of Mines and Petroleum has signed a contract for the development of the Aibak Cement Project in Feroz Nakhchir district of Samangan province, marking a significant investment in the country’s industrial sector.
The agreement, valued at $67 million, was signed on Thursday between Hedayatullah Badri, Minister of Mines and Petroleum, and Aibak Cement Company, according to a statement issued by the ministry.
Under the terms of the contract, the company will pay a royalty of 200 Afghanis to the government for every ton of cement produced. The project has been awarded for a period of 30 years, subject to the company’s compliance with Afghanistan’s mining laws, regulations and contractual obligations.
Speaking at the signing ceremony, Badri said the project is expected to create employment opportunities for around 600 Afghans and contribute to the country’s economic development.
He added that the company has committed to investing approximately $1 million in social development initiatives during the contract period.
The Ministry of Mines and Petroleum said the plant will have a production capacity of 1,200 tons of cement per day.
The project is part of broader efforts to attract investment into Afghanistan’s mining and industrial industries and expand local production capacity.
Business
Afghanistan invites Iranian investors to expand economic cooperation
Discussions focused on expanding private-sector cooperation, increasing joint investment, and boosting bilateral trade between the two countries.
Afghanistan has invited Iranian investors to explore business opportunities and participate in joint economic projects as the country seeks to strengthen investment and trade ties with its western neighbor.
Kamaluddin Tawhidi, head of the Afghanistan-Iran Joint Chamber of Commerce, made the appeal during a visit to Iran, where he attended the “Economic Cooperation Opportunities with Afghanistan” conference in Alborz Province, according to Iran’s state broadcaster.
Speaking at the event, Tawhidi highlighted Afghanistan’s investment potential and encouraged Iranian businesses to take advantage of opportunities across a range of economic sectors.
Discussions focused on expanding private-sector cooperation, increasing joint investment, and boosting bilateral trade between the two countries.
Tawhidi said stronger economic partnerships could create new business opportunities and support broader regional economic growth.
The meeting comes as Afghanistan continues efforts to attract foreign investment and deepen economic cooperation with neighboring countries.
Business
Afghanistan exports first stone shipment to US in $100,000 trade milestone
The export was coordinated through the Herat Chamber of Industries before being shipped to the U.S.
Afghanistan has exported its first shipment of natural stone to the United States, marking a significant milestone in the country’s efforts to expand mineral exports and strengthen its foothold in international markets.
The shipment, valued at $100,000, was sent by a private Afghan company and consists of black stone extracted from the Zindajan mine in the western province of Herat.
The export was coordinated through the Herat Chamber of Industries before being shipped to the U.S.
Industry officials said the export underscores the growing potential of Afghanistan’s mining sector, which is home to vast untapped reserves of minerals and natural stone. They expressed hope that increased access to international markets would encourage investment, boost production, and create new employment opportunities.
Herat, one of Afghanistan’s principal commercial and industrial centres, has long played a key role in the country’s trade due to its strategic location and abundance of natural resources. Officials believe expanding exports of locally sourced minerals could help diversify Afghanistan’s economy and strengthen the private sector.
The shipment forms part of broader efforts to increase Afghanistan’s exports and promote the country’s mining and industrial products in global markets.
Authorities have repeatedly identified the mining sector as a key driver of long-term economic growth, with natural stone among the products expected to attract greater international demand.
Business
Economic Commission approves expansion of Sher Khan port to boost regional trade
The commission also approved extending the port’s operating hours in coordination with Tajikistan to facilitate the movement of a greater number of commercial vehicles and improve cross-border trade.
Afghanistan’s Economic Commission has approved a series of measures to expand the capacity of Sher Khan Port in an effort to strengthen trade with Tajikistan, Kyrgyzstan, and China.
The commission, chaired by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar, met on Tuesday to review proposals submitted by the Ministry of Transport and Civil Aviation aimed at increasing regional trade through the northern border crossing.
According to the approved plan, the Ministries of Finance, Interior, and other relevant institutions will develop new infrastructure at Sher Khan Port and expand existing facilities to accommodate growing trade volumes.
The commission also approved extending the port’s operating hours in coordination with Tajikistan to facilitate the movement of a greater number of commercial vehicles and improve cross-border trade.
In addition, the Ministry of Finance was instructed to allocate funding for the construction of a logistics center at Sher Khan Port. The facility will provide customs services, warehousing, cargo handling, and freight-loading operations to streamline trade activities.
The meeting also directed the Ministry of Public Works to construct the necessary railway infrastructure inside Afghanistan to activate the ECO railway corridor, a regional transport initiative linking Iran, Afghanistan, Tajikistan, and Kyrgyzstan under the framework of the Economic Cooperation Organization (ECO).
Separately, the commission decided that several state-owned entities will transfer their scrap iron to the National Development Company, which will process the material into standard steel reinforcing bars (rebar) for use in major government infrastructure projects.
The commission also endorsed 37 national standards and 12 testing methods proposed by the National Standards and Quality Authority. The standards cover agricultural products, food items, pharmaceuticals, construction materials, telecommunications and electrical equipment, chemicals, plastics, medical equipment, and several other sectors. Officials said the standards were developed in line with Afghanistan’s current needs and international benchmarks.
The meeting concluded with the presentation of follow-up reports on a number of ongoing issues, and relevant institutions were given the necessary directives. All decisions adopted during the session have been forwarded to the Office of the Supreme Leader for final approval.
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