Business
Azizi calls for Uzbekistan to invest in Afghanistan’s oil, gas, copper mines
Meanwhile, Bobir Farkhadovich Islamov, the Minister of Mining Industry and Geology of Uzbekistan called for an investment support agreement between the two countries.
Acting Minister of Industry and Commerce Nooruddin Azizi in a meeting with the Minister of Mining Industry and Geology of Uzbekistan has called for the country’s investment in Afghanistan’s oil, gas, and copper mines.
According to a statement released by the Ministry of Industry and Commerce on Saturday, Azizi said that Uzbekistan should invest in the oil and gas mines in northern Afghanistan as it is advantageous in terms of proximity and providing easy access to markets in the region.
He also proposed to Uzbekistan to invest in copper mines in Ghazni and Herat provinces and to establish mineral processing factories in Afghanistan.
Meanwhile, Bobir Farkhadovich Islamov, the Minister of Mining Industry and Geology of Uzbekistan called for an investment support agreement between the two countries.
He also mentioned the establishment of two large factories in the field of copper processing in Uzbekistan, and said that these factories have an urgent need for raw materials, which will be met by the exploration and extraction of copper from Afghanistan.
In the meeting, it was decided that an official delegation from Uzbekistan will travel to Afghanistan to carry out survey and technical work in coordination with the Ministry of Mines and Petroleum of Afghanistan.
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Business
Afghanistan officials call for investment during Indian expo visit
The event brought together officials and business representatives from more than 80 countries, showcasing agricultural, industrial, and construction products across 350 exhibition booths.
Sayed Karim Hashemi, Chairman of the Afghanistan Chamber of Commerce and Investment (ACCI), has traveled to India to participate in the Bharat Buildcon International Exhibition, one of the country’s largest construction and infrastructure expos.
The event brought together officials and business representatives from more than 80 countries, showcasing agricultural, industrial, and construction products across 350 exhibition booths.
On the sidelines of the exhibition, Hashemi held meetings with Indian and international investors, business leaders, and private sector representatives to discuss expanding economic cooperation and investment opportunities in Afghanistan.
He highlighted Afghanistan’s vast reserves of construction raw materials and mineral resources, encouraging Indian and international companies to invest in the country’s mining, construction, and manufacturing sectors.
Accompanied by Afghanistan’s Ambassador to India, Noor Ahmad Noor, and Health Attaché Sayed Emad Hashemi, the ACCI chairman also visited the booths of several leading global companies.
During his visit, Hashemi toured a major traditional medicine manufacturer and emphasized the importance of expanding bilateral trade in medicinal herbs and agricultural products between Afghanistan and India.
He noted that growing demand for construction materials, combined with Afghanistan’s abundant natural resources, positions the country as an attractive destination for foreign investment, particularly from Indian companies.
Business
Afghanistan and Kazakhstan seal 25 private sector MoUs for cooperation
Business
Trans-Afghan Railway cost surges to over $7 billion as regional interest grows
The project includes approximately 760 kilometers of new railway construction inside Afghanistan, between Mazar-e Sharif and Torkham.
The estimated cost of the proposed Trans-Afghan Railway linking Uzbekistan, Afghanistan and Pakistan has risen to more than $7 billion, according to Uzbek Deputy Minister of Transport Jasurbek Choriyev.
Speaking at the Tashkent International Investment Forum on June 18, Choriyev said the updated figure reflects ongoing technical assessments and the evolving scope of the project. Earlier estimates had placed the cost at around $4.8 billion.
He noted that a detailed feasibility study for the strategic railway is currently underway and is expected to be completed by the end of 2026.
Strategic regional corridor
The Trans-Afghan Railway is planned to establish a direct rail link from Termez in Uzbekistan through Mazar-e Sharif, Logar, Kharlachi and Torkham in Afghanistan, before continuing into Pakistan and connecting with major ports including Karachi.
The project includes approximately 760 kilometers of new railway construction inside Afghanistan, between Mazar-e Sharif and Torkham.
According to officials, the railway is expected to significantly reduce transport time between Central Asia and Pakistan—from around 35 days to as little as three to five days—while also lowering logistics costs.
Trade and cargo capacity
Choriyev said the railway could handle up to 20 million tons of cargo annually, doubling earlier estimates of 10 million tons.
He added that the corridor would provide Central Asian countries with faster access to global maritime trade routes and strengthen economic links between South Asia, Central Asia and CIS states, where combined trade exceeds $700 billion.
Officials also estimate that container transport costs along the route could be reduced by nearly three times compared to existing logistics pathways.
Financing and international interest
The deputy minister confirmed that several countries, including the United Arab Emirates and Qatar, have expressed interest in participating in the project. The Eurasian Development Bank has also indicated readiness to support financing.
Uzbek officials have been promoting the railway as a long-term strategic infrastructure project aimed at boosting regional connectivity and trade integration. While feasibility work continues through 2026, final investment and construction decisions are expected to follow upon completion of the study.
The project is widely seen as a key component of efforts to transform Afghanistan into a transit hub linking Central and South Asia.
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