Business
Bayat Company Invests $250m in Construction of Power Plant in Jawzjan
The Government of Afghanistan and the Bayat Power Group (BPG) signed a contract worth $250 million for generating 192MWs of electricity using natural gas reserves in northern Jawzjan province on Monday at the Presidential Palace.
The contract was signed between the Energy and Water Minister Ali Ahmad Usmai on behalf of Afghan government and Engineer Ehsanullah Bayat, the Chairman of Bayat Group of Companies at Kabul attended by President Mohammad Ashraf Ghani.
According to the officials the project would be completed in three phases. In the first phase 50MW of power would be produced, in the second phase 100MW and in the last phase it is expected to produce 192MW of power.
“Based on this contract, a major project for generating electricity from natural gas is going to be constructed in the city of Sheberghan, the capital of the historical province of Jawzjan,” Eng. Ehsanullah Bayat, the Chairman of Bayat Group said,” the initial productivity capacity of this project is 52MW which will be implemented in a period of 4 up to 6 months in normal situation after the final contract signed with the Ministry of Energy and Water and Breshna Company.”
Mr. Bayat also added that this is the first project in its kind in Afghanistan’s history which will help the country toward energy independence.
At the same time, Energy and Water Minister Hakimi said according to the MoU signed the Company is responsible to provide the latest and newest technology for producing of electricity using the natural gas in a period of three months and provide electricity to Breshna Company with a suitable price.
The proposal could be evaluated by the authorities concerned, the minister added.
In the first phase of the project about $14 million would be added to the Government’s treasury and in the next stages the Government revenue would increase from $50 million to $100 million.
In addition, the project will create 200 direct job opportunities to Afghans and the number will get higher as the project expands for a period of 20 years.
Afghan lawmakers and Afghans welcome signing of the project and declaring it as an important step towards boosting economy and best alternative against the imported electricity from neighboring countries.
Reported by: Ali Asghari
Business
Afghanistan, Uzbekistan sign $400 million trade deals in push to deepen ties
The agreements span multiple sectors, including textiles, raw materials, pharmaceuticals and other key industries.
Afghanistan and Uzbekistan have signed 20 commercial agreements worth more than $400 million, marking a significant step toward expanding economic cooperation between the two neighboring countries.
The deals were finalized during a high-level business meeting in Uzbekistan’s Fergana Province, where Afghan and Uzbek private sector representatives gathered as part of an official Afghan trade delegation visit.
The agreements span multiple sectors, including textiles, raw materials, pharmaceuticals and other key industries.
The Afghan delegation was led by Zalgai Azimi, deputy for investment at the Afghan Chamber of Commerce, and included senior business figures such as Abdullah Rahimi, Syed Ahmad Noorzad, Ubaidullah Hotak, and Deputy Chief Executive Mirzaman Popal. Participants from both sides highlighted the importance of strengthening cross-border trade and building long-term commercial partnerships.
As part of the visit, Afghan delegates toured major industrial facilities in Fergana Valley to assess Uzbekistan’s manufacturing capacity and explore opportunities for future collaboration.
The agreements come as Afghanistan seeks to boost regional connectivity and revive its economy following years of conflict, isolation and economic disruption.
Trade with Central Asian neighbors—particularly Uzbekistan—has become increasingly important, with both sides investing in transport links, energy cooperation and cross-border markets.
Uzbekistan has positioned itself as a key economic partner for Afghanistan in recent years, supporting infrastructure projects and promoting trade corridors that connect South and Central Asia.
Analysts say deals of this scale could help generate jobs, increase exports and gradually integrate Afghanistan more deeply into regional supply chains.
The latest agreements signal growing momentum in bilateral relations, as both countries look to translate geographic proximity into stronger economic interdependence.
Business
Afghanistan, Kyrgyzstan aim to boost trade to $1 billion
Both sides welcomed the steady growth in trade between the two countries in recent years and agreed on the strategic goal of increasing bilateral trade to reach $1 billion.
Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, met with Kairat Tursunkulov, Deputy Foreign Minister of Kyrgyzstan, in Kabul this week to discuss ways to strengthen economic and trade ties between the two countries.
The meeting was also attended by Turdakun Sadykov, Kyrgyzstan’s ambassador to Afghanistan.
Azizi expressed appreciation for Kyrgyzstan’s participation in the recent Afghanistan–Central Asia consultative meeting and underlined the importance of expanding bilateral trade and economic cooperation.
Tursunkulov described Afghanistan and Kyrgyzstan as “brotherly nations” with strong cultural connections. He extended an invitation for Azizi to visit Kyrgyzstan to further enhance collaboration.
Both sides welcomed the steady growth in trade between the two countries in recent years and agreed on the strategic goal of increasing bilateral trade to reach $1 billion.
In addition, Azizi highlighted ongoing construction projects in Kyrgyzstan and suggested that Afghan construction companies and skilled workers could contribute their expertise to support development efforts in the country.
Business
Kazakhstan eyes rare metals mining projects in Afghanistan and Rwanda
As Kazakhstan looks to expand its global mining footprint, the exploration of rare metals in Afghanistan and Rwanda marks a significant step towards diversifying its mining interests.
Kazakhstan is actively exploring mining opportunities in Afghanistan and Rwanda, focusing on rare metals, as part of a broader strategy to expand its resource development portfolio. According to a report by Kazinform, Tau-Ken Samruk, Kazakhstan’s national mining company, is conducting laboratory studies on mineral samples obtained from both countries.
The announcement was made by Iran Sharkhan, Kazakhstan’s Vice Minister of Industry and Construction, during the Geoscience & Exploration Central Asia 2026 event. Sharkhan emphasized the substantial resource potential in Afghanistan and Rwanda, noting that current efforts are directed towards evaluating the legal and regulatory frameworks in these countries, as well as verifying the geological prospects before proceeding with potential mining operations.
The laboratory testing, which is taking place at Tau-Ken Samruk’s facilities and additional labs in Kazakhstan’s Karaganda region, involves comprehensive analysis of base metals, rare metals, and rare earth elements from the two countries. These tests will determine the viability of large-scale mining operations in the future.
Sharkhan further indicated that if the laboratory results confirm promising geological findings, more detailed plans for mining projects will be disclosed in the coming months.
The report also highlighted that Kazakhstan’s major mining companies have already invested nearly 150 billion tenge into scientific research in the country’s mining sector, reinforcing the nation’s commitment to advancing its mining industry on both the local and international stages.
As Kazakhstan looks to expand its global mining footprint, the exploration of rare metals in Afghanistan and Rwanda marks a significant step towards diversifying its mining interests.
-
Latest News2 days agoIEA supreme leader orders replacement of foreign terminology in official documents
-
Latest News2 days agoAfghanistan hosts inaugural Afghanistan–Central Asia Consultative Dialogue to strengthen regional cooperation
-
Business4 days agoTripartite agreement to launch new Russia–Turkmenistan–Afghanistan transit corridor
-
Latest News4 days agoChina says Afghanistan–Pakistan peace talks show progress
-
Business3 days agoKazakhstan eyes rare metals mining projects in Afghanistan and Rwanda
-
Regional4 days agoIran claims it shot down US F-35 jet
-
Regional5 days agoKuwait’s Mina al-Ahmadi oil refinery hit by drones, fires break out
-
World4 days agoUS Army chief of staff fired by Hegseth, sources say

