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Contract of Electricity Project Signed with Bayat Power, Worth About $40 Million  

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(Last Updated On: October 24, 2022)

The government signed the agreement of an electricity project with Bayat Power Company that worth $38.85 million.

The project is expected to produce up to 42 megawatts of electricity from gas in the northern Jawzjan province as part of the efforts to resolve the electricity shortage in the province.

Signing the contract for the project with Bayat Power Company, the Minister of Energy and Water Ali Ahmad Osmani said that this power project will make them a step closer to self-sufficiency.

According to the Ministry of Energy and Water, the project will be implemented in YatemTaq village of Jawzjan that will provide electricity to 30,000 families and 100 factories in Jawzjan, Balkh, Samangan, and Faryab provinces.

 “Today we embarked on a special day, it is a start of Afghanistan’s independence in energy,” said Hamidullah Raheen, the Deputy Head of Bayat Power Company. “Today’s implementation agreement being signed will allow Bayat Power to start its 42-megawatt power project in Sheberghan.”

According to Mr. Raheen, one million Afghans and businesses will benefit from this project.

The practical work on the project will begin within next three weeks and will be completed in less than six months.

“This is the first phase of the three-phase power project. The first phase being the 42-megawatt power project and third being up to 200 megawatts,” he said.

Welcoming the launch of the project in Jawzjan, MP Fahima Sadat said that such kind of projects will not only create jobs for the people but it will also increase the government revenues.

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.

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