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State-owned Corporations department presents its annual performance report
However, due to four decades of war, these companies were largely neglected by previous governments and sustained considerable damage.
Officials from the Directorate of State-owned Corporations on Sunday outlined their achievements over the past year and said the Islamic Emirate has recognized the economic significance of these companies and has renewed focus on them.
According to the officials, state-owned corporations were originally established decades ago to foster agricultural and industrial development in Afghanistan, to combat monopolies, create employment opportunities, and strengthen the national economy.
However, due to four decades of war, these companies were largely neglected by previous governments and sustained considerable damage.
In accordance with a decree issued by the Supreme Leader of the Islamic Emirate, Hibatullah Akhundzada, the Directorate of State-owned Corporations was established to enhance, expand, and streamline operations.
Among the key achievements over the past year, the directorate successfully revitalized and re-equipped major state-owned corporations, including Afghan Poultry; Baghlan Sugar; Kandahar, Balkh, and Pul-e-Khumri Textile Mills; and Bost Corporation in Helmand.
Officials added that in collaboration with the World Bank, the implementation of the CASA-1000 project is expected to commence in the near future.
Over the past year, Da Afghanistan Breshna Sherkat (DABS) produced a total of 1,206,671 megawatts of electricity domestically and imported 5,672,796 megawatts from neighboring countries.
In addition, the construction of key energy infrastructure projects is underway, including the 500 kV transmission line from Sheberghan to Dasht-e-Alwan to Arghandi, the 220 kV line from Ghazni to Kandahar, the Noor al-Jihad substation in Herat, and a substation in Kandahar.
These projects are expected to be operational in the near future.
Officials reported significant progress on the Qosh Tepa Canal project, with the first phase reaching 91% completion and the second phase 54% complete.
Meanwhile, mining operations at the Balkhab coal mine have yielded 28,980 tons of coal to date.
Cement production has also been a notable achievement, with 199,671 tons of cement produced over the past year through the Ghori and Jabal al-Seraj cement plants.
Fiber optic infrastructure projects, covering approximately 1,500 kilometers, are ongoing, with 80% of the fiber optic network now upgraded to international standards.
Along with the establishment of the directorate, 85 gas distribution centers were opened in both Kabul and the provinces, playing a vital role in regulating gas prices in the market.
Over the past year, 198,614,287 cubic meters of gas were extracted, processed, and distributed to consumers.
Officials also noted that 36 million cubic meters of clean drinking water were supplied to the capital and provinces, while 39 water supply projects were completed, nine were designed, and 15 additional projects are in the planning stage.
The Nangarhar Agricultural Enterprise made significant contributions in the past year, producing 402 tons of olives, 41,125 liters of olive oil, 20 tons of dates, 907 tons of wheat, 10 tons of fish, 102,643 liters of milk, 2,874 soap bars, and 234,338 fruit-bearing and non-fruit-bearing saplings.
In the printing sector, the directorate designed and printed over 30 types of documents.
In addition, 90 tons of tomatoes were exported to Turkey, and the production of 4,430 tons of improved wheat seed, 13.7 tons of rice, 19.8 tons of maize and grains, 47,990 kilograms of industrial seeds, 3,400 kilograms of legumes, and 31,300 kilograms of vegetables was achieved.
Key activities over the past year also included the issuance and renewal of operational licenses for 503 tourism companies, 177 online service companies, and 47 guesthouses. In addition, modern machinery for stone processing, valued at 12 million afghanis, was purchased and installed, marking progress in the domestic paper production industry.
The directorate has also reinitiated the production and processing of precious and semi-precious stones, Babo garments and leather, and exported approximately 5,314 diverse products to international markets. The directorate played a key role in organizing 27 domestic and international exhibitions to support Afghanistan’s handicraft industries and conducted vocational workshops for local artisans.
These accomplishments reflect the commitment of the newly established directorate to drive economic development and strengthen key industries across Afghanistan.
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Afghan and Iranian officials discuss expanding economic cooperation
Ahmad Jan Bilal, General Director of State-Owned Corporations, met on Tuesday with Iran’s Ambassador to Kabul, Ali Reza Bikdeli, to discuss expanding bilateral economic cooperation and following up on issues raised during his recent visit to Iran.
According to a statement from the General Directorate of State-Owned Companies, the meeting focused on reviewing ways to implement discussions held with Iranian officials during Bilal’s visit.
Bikdeli described the visit as positive and productive, stressing the importance of following up on the issues discussed and taking practical steps to advance bilateral cooperation.
He said Iran is ready to cooperate with Afghanistan in oil and gas exploration, extraction and exports, refinery construction, agriculture, water and electricity.
Bilal, for his part, said the Islamic Emirate is interested in expanding joint cooperation with Iran in energy, agriculture, industrial development and other economic sectors. He added that his office would work with the Iranian side to turn the proposed areas of cooperation into practical initiatives.
Bilal also reaffirmed his office’s commitment to following up on the issues discussed during his recent visit to Iran and working towards their implementation in coordination with Iranian officials.
Bilal recently visited Iran at the head of a delegation, holding talks with several Iranian officials on expanding economic, trade and investment ties, particularly in the state-owned companies sector.
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Ariana Airlines reduces Kabul–Islamabad–Kabul airfares by $20
Ariana Afghan Airlines announced on Tuesday a reduction in ticket prices for flights on the Kabul–Islamabad–Kabul route from $190 to $170.
According to the airline, passengers can now purchase tickets for this route at $20 less than the previous fare.
The airline has also set a special fare of $150 for students travelling on this route.
Ariana Afghan Airlines said the move aims to reduce travel costs and make air travel more affordable and accessible for passengers and students.
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Afghanistan and Russia discuss expanding economic ties and boosting bilateral trade
During the meeting, Muttaqi stressed that Afghanistan and Russia should expand economic cooperation based on shared interests and mutual benefits.
Afghanistan’s Foreign Minister Amir Khan Muttaqi has met with Zamir Kabulov, Russian President’s Special Representative for Afghanistan, to discuss strengthening bilateral relations, expanding economic cooperation and increasing trade between the two countries.
During the meeting, Muttaqi stressed that Afghanistan and Russia should expand economic cooperation based on shared interests and mutual benefits.
Kabulov, meanwhile, praised the Islamic Emirate’s efforts to combat drug trafficking and cultivation, saying reports by some international organisations on the issue do not reflect the realities on the ground.
Muttaqi reiterated that the Islamic Emirate remains committed to combating drug cultivation, production and trafficking, describing these efforts as important for the security and stability of both Afghanistan and the wider region.
The meeting comes amid continued efforts by Kabul and Moscow to strengthen diplomatic and economic engagement and explore opportunities for broader bilateral cooperation.
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