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Ministry of Mines:

Turkish investors invest in the country's mines

10 Dec 2023 - 13:15

Officials in the Ministry of Mines and Petroleum say that a number of Turkish businessmen have announced their readiness to invest in the country's marble and marble mines.


Afghan Voice Agency (AVA) - Kabul: Humayun Afghan, the spokesperson of the Ministry of Mines and Petroleum, told AVA reporter on Sunday (December 10) that there are currently good opportunities to invest in Afghanistan's mines.

Afghan added that a number of businessmen and investors have committed to invest in Afghanistan's marble and marble mines by using this opportunity to meet with the Acting Minister of Mines.

He added that Sheikh Shahabeddin Delawer, the acting head of the ministry, told Rajab Mustafa, the head of Emoglu Marmar Company and Sheikh Omar Farouk, the head of Anatolian Ulama of Turkey, that foreign investors can invest in the country's mines.

Afghan added that the head of this ministry has committed that in case of investment by Turkish companies; The Ministry of Mines and Petroleum provides the necessary investment grounds for these companies.

Based on his statements; The Turkish Amioglu company, which has a 40-year experience in marble and marble mines, has also announced its readiness to invest in Afghanistan's mines in Kandahar and Herat provinces.

Meanwhile, Afghanistan is one of the richest mineral countries in the world with 1,200 natural mines worth over three trillion dollars. Afghanistan's major mines include gold, copper, iron, precious stones, natural gas, lithium and rare earth elements.

However, economic experts say that Afghanistan's mining can play an important role in the country's economic development.

Economic expert Lal Zazai told Ava reporter that Afghanistan has various mineral resources such as copper, gold, coal, lithium, and precious stones, and exploitation of these resources can lead to increased incomes, job creation, attracting foreign investment and developing the country's infrastructure.

Zazai added that the mining process helps to create direct and indirect jobs in various economic sectors and the unfavorable economic situation of the country will be put to an end.

He added that, on the other hand, the country's mineral resources can attract foreign investors and contribute to economic development.

Mohammad Nabi Afghan, another economic expert, also said that if the country's mines are extracted technically and legally, Afghanistan can achieve economic self-sufficiency.

He added: Currently, lithium, belorium, tantalum and cesium, which are among the rare metals and whose value is higher than gold in the world markets, exist in Afghanistan.

Afghan pointed out that the development of the mining sector and the extraction of these resources is a means to achieve the country's self-sufficiency.


Story Code: 281919

News Link :
https://www.avapress.net/en/news/281919/turkish-investors-invest-in-the-country-s-mines

AVA
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