Officials in the Ministry of Mines and Petroleum say that the level of interest of foreign investors to invest in the mining sector of the country has increased. They also emphasize that during the last two years, 7 billion dollars have been invested in the country's mines.
Publish dateMonday 18 December 2023 - 16:18
Story Code : 282431
Ministry of Mines and Petroleum:
Increasing investment in mines; A contract worth 7 billion dollars has been signed
Afghan Voice Agency (AVA) - Kabul: Homayoun Afghan, the spokesperson of the Ministry of Mines and Petroleum, told AVA reporter on Monday (December 17) that the head of the ministry had thirteen meetings with foreign investors in the last one month.
He added: "Sheikh Shahabuddin Delawar has met with investors from Germany, America, Qatar, China, the United Arab Emirates and Iran in the past month."
Based on Afghan statements; In these meetings, foreign investors have expressed their interest in investing in various mines of the country.
In another part of his speech, Afghan stated that the value of the contracts signed with domestic and foreign companies in the mining sector in the last two years reached nearly seven billion dollars.
The spokesperson of the Ministry of Mines pointed out that during this period, the contract for the extraction of 200 small mines has also been handed over to domestic companies.
At the same time, officials in the Chamber of Industries and Mines welcomed the increase in the interest of foreign investors to invest in the country's mines; But they emphasize that the Islamic Emirate should provide more facilities to increase investment.
Sakhi Ahmad Peyman, the deputy of the Chamber of Industries and Mines, told the Ava reporter that although the increase in interest for mining processing and extraction is gratifying; But the government should provide more of these facilities.
Based on his statements; to increase national income and revenue as well as sustainable employment; Investment attraction in the country's mining sector is a very important indicator.
Abdul Zohar Modbar, an economic expert, also said: "Every economic movement can be a cog in the wheel of the economy, so mining can be useful, fruitful and valuable in raising the level of employment in the country."
On the other hand, the Chamber of Commerce and Investment says that the Islamic Emirate should hand over mining contracts to domestic and foreign companies while preserving national interests.
According to the officials in this room, the Islamic Emirate should provide the necessary facilities in the investment sector in order to attract more investments in the country, and the international community should also remove the imposed restrictions.
Mohammad Younes Momand, the first deputy of the Chamber of Commerce and Investment, said: "The Ministry of Mines and Petroleum has the duty to prepare easy and good conditions for both Afghan and foreign investors, and considering the national economic interests, the level of investment will increase."
Before this, the Ministry of Mines and Petroleum said that there is complete transparency in mining and no mine in the country will be illegally mined.
He added: "Sheikh Shahabuddin Delawar has met with investors from Germany, America, Qatar, China, the United Arab Emirates and Iran in the past month."
Based on Afghan statements; In these meetings, foreign investors have expressed their interest in investing in various mines of the country.
In another part of his speech, Afghan stated that the value of the contracts signed with domestic and foreign companies in the mining sector in the last two years reached nearly seven billion dollars.
The spokesperson of the Ministry of Mines pointed out that during this period, the contract for the extraction of 200 small mines has also been handed over to domestic companies.
At the same time, officials in the Chamber of Industries and Mines welcomed the increase in the interest of foreign investors to invest in the country's mines; But they emphasize that the Islamic Emirate should provide more facilities to increase investment.
Sakhi Ahmad Peyman, the deputy of the Chamber of Industries and Mines, told the Ava reporter that although the increase in interest for mining processing and extraction is gratifying; But the government should provide more of these facilities.
Based on his statements; to increase national income and revenue as well as sustainable employment; Investment attraction in the country's mining sector is a very important indicator.
Abdul Zohar Modbar, an economic expert, also said: "Every economic movement can be a cog in the wheel of the economy, so mining can be useful, fruitful and valuable in raising the level of employment in the country."
On the other hand, the Chamber of Commerce and Investment says that the Islamic Emirate should hand over mining contracts to domestic and foreign companies while preserving national interests.
According to the officials in this room, the Islamic Emirate should provide the necessary facilities in the investment sector in order to attract more investments in the country, and the international community should also remove the imposed restrictions.
Mohammad Younes Momand, the first deputy of the Chamber of Commerce and Investment, said: "The Ministry of Mines and Petroleum has the duty to prepare easy and good conditions for both Afghan and foreign investors, and considering the national economic interests, the level of investment will increase."
Before this, the Ministry of Mines and Petroleum said that there is complete transparency in mining and no mine in the country will be illegally mined.
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