Business

TAPI construction to start in Herat next year

Published

4 years ago

December 3, 2020

(Last Updated On: )

Minister of Mines and Petroleum Mohammad Haroon Chakhansuri on Thursday said that construction work on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Project will kick off next year.

Speaking at a press conference Chakhansuri said the ministry has established an effective coordination mechanism between government institutions involved in the TAPI project and also with international institutions and TAPI partners.

“Fortunately, all the administrative, technical and legal problems of the TAPI project have been resolved and the practical work of this project will start next year in Herat province,” said Chakhansuri.

The minister also said that another project the ministry is working on is the construction of a 94.5 km-long gas pipeline from Sheberghan, capital city of Jawzjan province, to Mazar-e-Sharif and construction work will start in the next three months.

“The gas that will be transferred from Sheberghan to Mazar-e-Sharif through this pipeline will be used to generate 50 megawatts of electricity,” said Chakhansuri.

The minister said that soon 67 projects that have been approved by the High Economic Council will be put out to tender in accordance with Afghanistan’s mining laws and after the completion of the process companies that meet the standards will be awarded the contracts.

“These 67 projects will add 150 to 170 million Afghanis to Afghanistan’s national income, in addition to which 5 million Afghanis will be invested in these projects for five years and will directly provide employment to 3,000 people,” Chakhansuri said.

Related Topics:Afghanistan featured Gas India Pakistan TAPI Turkmenistan

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$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

15 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.

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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.

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Chinese keen on investing in Afghanistan’s solar power sector

At the same time, the deputy minister welcomed their interest and stated that Afghanistan is a place of opportunities for investment and that the ministry is ready to cooperate.

Published

4 days ago

July 23, 2024

Ariana News

(Last Updated On: )

The Ministry of Industry and Commerce says that Ahmadullah Zahid, deputy minister, met with a number of Chinese investors in his office on Tuesday.

According to a statement issued by the ministry, Ehsanullah Shahab, the head of special economic zones, was also present in this meeting, where investors from China expressed their interest in investing in solar power generation and agriculture technology sectors.

At the same time, the deputy minister welcomed their interest and stated that Afghanistan is a place of opportunities for investment and that the ministry is ready to cooperate.

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