Business
India to Build ‘Lalandar’ Dam in Kabul Soon
India will start building the Lalandar dam in Kabul in the next several months, the Ministry of Energy and Water (MoEW) said.
The dam was previously named “Shahtoot” but has recently changed to “Lalandar” dam.
MoEW officials declared that the expropriation process of the project will be completed next month and it will be put into the procurement process.
Estimated to cost in the range of USD 150mn to USD 300mn, the dam will be built on the Kabul river basin, one of the five river basins in Afghanistan.
The feasibility study of this project cost USD 1.86mn and was completed in 2012.
The proposed dam will provide potable water to more than 2 million residents in Kabul and pave ground for irrigation of 4,000 hectares of land in the districts of Charasiab and Khairabad.
The project will skew the flow of Kabul River into Pakistan, possibly causing a water crisis in Pakistan.
Pakistan is worried about the reconstruction efforts of India in Afghanistan as they fear that Pakistan or India may break the Water Treaty and cut off all water supplies to Pakistan during a possible conflict.
The Pakistan Economy Watch recently said that Islamabad must lessen its dependence on arch-rivals India and Afghanistan for water by constructing dams and water reservoirs.
Meanwhile, Afghan economy analysts are emphasizing on building more dams to survive the water crisis in Afghanistan.
“Not only the Shahtoot dam, but we also proposed the building of 44 other dams that will cause the economic growth and save us from the water crisis,” Sayeed Masoud, economy analyst asserted.
This comes as the Shah-o-Aroos dam project in Shakardara district of Kabul is also underway but is too slow due to the technical problems.
Business
Azizi calls on Malaysian investors to invest in Afghanistan
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.
Business
Afghanistan starts exporting via railway to Turkey
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.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
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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