Business

Mullah Baradar: Soon we will have sufficient domestically produced electricity

Published

1 year ago

May 11, 2023

(Last Updated On: )

Mullah Abdul Ghani Baradar Akhund, Economic Deputy of the Prime Minister, on Thursday said that soon Afghanistan will have sufficient electricity, produced locally, to service the country.

Speaking at the opening of the Kabul International Expo on the occasion of “Industry Week” he said industry and production are the backbone of the country’s economy.

“Electricity is necessary for industry and production, so I am giving good news to all citizens and especially industrialists that soon we will have sufficient domestically produced electricity,” Baradar said.

Baradar also said a country can develop when it has a strong industry and from this aspect, it is not only self-sufficient, but also exports its products to the rest of the world.

“Due to the unfortunate long wars and the lack of commitment and unwillingness of the rulers, Afghanistan has not been allowed to move fast economically, but Alhamdulillah, with the arrival of the Islamic Emirate, basic steps have been taken for the country’s economic growth, he added.

He also assured manufacturers and producers that if they guarantee quantity and quality of domestically manufactured goods, the IEA will raise tariffs on the same products that are imported so as to boost the local market.

Baradar called on Afghan investors living abroad to return to their country, invest in Afghanistan and take an active role in the recovery of the country’s economy.

“The Islamic Emirate stands by all industrialists and considers any kind of support as its responsibility,” Baradar said.

Baradar also thanked manufacturers who have already invested in various sectors.

The Kabul International Expo opened on Thursday and is showcasing domestic products in support of local businesses. A total of 550 local manufacturers are exhibiting products that encompass about 50 different sectors.

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Contract worth $113 million signed for e-scanners at Afghan ports

According to the deal, 33 scanners will be installed at the country’s 12 ports to bolster security and curb smuggling.

Published

2 hours ago

July 27, 2024

Ariana News

(Last Updated On: )

A contract worth $113 million was signed on Saturday for the installation of electronic scanners at the country’s customs units at border crossings.

According to the deal, 33 scanners will be installed at the country’s 12 customs units to bolster security and curb smuggling.

The scanners will be installed at Torkham, Hairatan, Spin Boldak, Islam Qala, Torghundi, Nimroz, Abu Nasr Farahi, Khost, Paktia, Aqina, and Sher Khan ports to ensure comprehensive screening of all types of goods, the Office of the Deputy Prime Minister for Economic Affairs said in a statement.

The contract was signed between the Ministry of Finance and a private company.

The project is slated for completion within two years, providing approximately 2,000 job opportunities and representing a significant step forward in modernizing the country’s customs infrastructure, the statement said.

Economic Commission approves installation of scanners at 12 customs units at border crossings

Business

$23 million pharmaceutical company opens in Kabul

The Islamic Emirate officials also stated that while they fully cooperate with pharmaceutical companies, these manufacturers need to produce drugs that meet international standards.

Published

24 hours ago

July 26, 2024

Ariana News

(Last Updated On: )

A new pharmaceutical company, costing $20 million, was officially opened on Thursday in Kabul in the presence of Islamic Emirate leaders, including Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar.

The new company will reportedly manufacture 50 different types of drugs once fully operational.
Addressing the launch ceremony on Thursday, Baradar outlined the importance of quality in terms of pharmaceuticals and said poor-quality drugs threaten lives while good-quality medicines can save lives.

Baradar also pointed out that more manufacturing companies like this will help grow the country’s economy.

He once again called on investors, both in the country and abroad, to help in the reconstruction and development of the country and start businesses. He also said the way has been paved for them to invest and that they should make use of the opportunities available.

Health officials meanwhile said that currently there are 77 pharmaceutical companies in the country and that serious efforts are being made to make the country self-sufficient in this regard.

The Islamic Emirate officials also stated that while they fully cooperate with pharmaceutical companies, these manufacturers need to produce drugs that meet international standards.

Kandahar officials inaugurate $50 million pharmaceutical company

Business

Sugar exports to Afghanistan resume after four year break

Islamabad banned the export of sugar to Afghanistan four years ago to address shortages and control prices in the country.

Published

2 days ago

July 25, 2024

Ariana News

(Last Updated On: )

Sugar exports from Pakistan to Afghanistan resumed this week after a four-year suspension, with over 400 vehicles crossing the Torkham border in the last four days.

According to Pakistan sources, Islamabad recently agreed to the export of 150,000 tons of sugar to Afghanistan, setting an August 15 deadline for the completion of the shipment process.

Customs clearing agents at Torkham said around 100 vehicles, each carrying 33 tons of sugar, crossed into Afghanistan four days ago and more thereafter.

Islamabad banned the export of sugar to Afghanistan four years ago to address shortages and control prices in the country.