Business
Despite ongoing challenges Herat’s Pashdan Dam is close to completion
The Afghanistan National Water Affairs Regulation Authority (NWARA) said Friday at least 85 percent of construction work on the Pashdan Dam has so far been completed.
The dam, which made the news earlier this month after being attacked by Taliban, is one of the National Water Affairs Regulation Authority’s key projects for this solar year.
Work on the dam, on the Hari River in Karkh district of western Herat province, started 10 years ago. Once complete it will hold 40 million cubic meters of water and will generate 2MW of electricity and irrigate at least 13,000 hectares of land.
Plagued by problems, construction work at the site stopped for three years before being resumed last year but in November, reports indicated that Taliban insurgents had warned officials and workers at the dam to stop work on the project.
The group reportedly told dam officials the project had not been approved by the Taliban, so work should be stopped – which did not happen.
But earlier this month, Taliban attacked the dam, killing three security personnel, and wounding one other. Four security personnel are still missing.
NWARA officials meanwhile said that once the dam is complete, water will be fed to Herat city, where it will be used to irrigate the greenbelt around the city and supply potable water to residents.
The Afghan government is funding the $117 million (8.9 billion AFN) project.
This is one of a number of dams currently under construction in the country – to not only provide water to local communities but also to help increase power supply.
Earlier this week, another key dam was inaugurated by President Ashraf Ghani and his two deputies, Amrullah Saleh and Sarwar Danish.
The Kamal Khan dam in southern Nimroz province, was widely welcomed by residents who will also benefit from irrigation canals to help water crops.
The Kamal Khan dam will not only generate at least nine megawatts of electricity for the local community but will also irrigate over 180,000 hectares of land.
Business
Tatarstan businessmen keen to invest in Afghanistan’s oil and gas sector
The Ministry of Mines and Petroleum says that the head of the ministry has met with a number of visiting businessmen and representatives of oil and gas processing companies from the Republic of Tatarstan.
The ministry said at the recent meeting, the visiting businessmen outlined their experience and work in the field of oil and gas extraction and processing.
In a post on X, the ministry quoted the Tatarstan group as having acknowledged an “orderly system” in Afghanistan with complete security and favorable grounds to invest.
The visitors said at the meeting their companies are considering the possibility of investing in the survey, exploration and extraction processes of oil and gas in the country, as well as the refinement stage.
Shahabuddin Delawer, Acting Minister of Mines and Petroleum, welcomed the group’s enthusiasm and said “fortunately, Afghanistan has rich oil and gas resources in various areas,” adding that currently agreements are being drawn up regarding Herat’s oil and gas blocks – something which Tatarstan businessmen could invest in.
Delaware said that the Ministry of Mines and Petroleum is ready to cooperate in accordance with the relevant laws in order to facilitate investment.
Tatarstan, officially the Republic of Tatarstan, is a republic of Russia located in Eastern Europe.
Business
Afghanistan and Turkmenistan firms sign over 10 contracts on construction, food materials
Afghanistan and Turkmenistan companies have signed more than 10 contracts and two memorandums of understanding on construction materials, including iron bars, paint, marble and food materials.
The contracts were signed during the trip of a Turkmen business delegation to Herat province and in the presence of Nooruddin Azizi, Acting Minister of Industry and Commerce.
“There is excellent opportunity for the expansion of trade and economic relations between Afghanistan and Turkmenistan, which both sides should take full advantage of,” Azizi said at the signing ceremony of these contracts, according to a statement released by the Ministry of Industry and Commerce on Tuesday.
The Ministry of Industry and Commerce pointed out that the contracts were inked as a follow-up to visit of the acting minister to Turkmenistan and meeting with its national leader Gurbanguly Berdi Mohammadov.
Earlier, the delegation from Turkmenistan’s private sector said that their goal is to expand economic relations between the private sectors of the two countries. They said they are hoping to buy hundreds of tons of construction materials from Afghan industrialists every year.
Business
Turkmenistan’s industrialists keen to buy Herat-made construction material
Union of Turkmen industrialists is interested in a contract with Herat industrialists in the field of construction materials. The economic delegation of Turkmenistan, which has been in Herat for the past three days, has visited various plants including marble and iron and also paint manufacturers.
The delegation, which is from Turkmenistan’s private sector, says that their goal is to expand economic relations between the private sectors of the two countries.
They said they are hoping to buy hundreds of tons of construction materials from Afghan industrialists every year.
Contracts for the sale of marble, paint and iron bars between the two countries are expected to be signed soon.
“During this trip that we were in Herat and the products that we saw in the factories and especially the works that were handicrafts in the field of marble and onyx, these are really amazing, naturally, in the world of industries handicraft is said to be one of the most expensive and popular products, so we were surprised by the products we saw here,” said a member of the delegation from Turkmenistan.
Herat Chamber of Industries and Mines says that there is now the capacity in Herat Industrial City to produce enough goods in various sectors to export abroad. At present, there are about 40 companies operating in the marble processing sector.
An agreement with the Turkmenistan union for construction materials could be a valuable step for Herat business owners.
Some factory owners also believe that the production of construction materials has improved in recent years, and that the capacities in the production and processing of marble and iron bars have also increased.
Herat Chamber of Industries and Mines says that currently more than 800 factories are active in the industrial town of this province.
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