Business
Scores of companies fined for neglecting: MoPI
Officials in Ministry of public interests have stated that scores of companies were fined for neglecting on their duties and responsibilities, saying most of the companies did not begin implementation of the contract they owned.
They have also urged that necessary actions will be taken against those construction companies, a action which was declared un fair by the construction companies Union.
Ministry of public interests Mahdi Rohhani said,” scores of the companies which couldn’t begin or end their projects were fined,if the following companies do not pay their fines their Bank Guarantee documents will be seized and they will no longer have the control on the contracts they were owned.”
Construction companies Union have criticized the recent action which has been taken by the Officials in Ministry of public interests, saying if the projects to begin at the earliest the administration process within the Governmental departments should be speedy.
Head of the construction companies Union Naiem Yasin said,” there are several problems not only here, but also in provinces, if the officials in Ministry of public interests demand fast beginning of the projects then they should move the administrative process faster, fining the companies is not the solution.”
Officials in Ministry of public interests have launched monitoring programs on the projects which are to being constructed by the private companies, and the Afghans aren’t satisfied what they have done.
Reported by Aslam Hjab
The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.
Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”
These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.
To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.
These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.
In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.
The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.
This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.
Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
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