AfghanistanEconomic

Interim Kabul government signs contracts for the extraction of seven major mines with domestic and foreign companies

Bayan News – The Office of Economic Deputy of the Interim Kabul Government has announced that contracts for the extraction of seven major mines in Afghanistan, worth six and a half billion dollars, have been signed between the Ministry of Mines and Petroleum and domestic and foreign companies.

According to the newsletter from the Office of Economic Deputy of the Cabinet, these contracts were signed on Friday, August 31, and include four blocks of iron mines in Ghorian district of Herat province.

According to the newsletter: “The first block contract is awarded to Vatan-e Doroush Company, in which Iranian company Azaran San’at-e Sazeh is a shareholder. The second block is awarded to Sahel Sharq Company, in which Afghan companies Darya-e Noor and EPCOL Turkish are shareholders.”

Furthermore, the gold mine in Samti district of Takhar province has been awarded to a Chinese company, and the second copper mine in Aynak district of Logar province has been given to a private company named Turia.

However, the Office of Economic Deputy of the Interim Kabul Government believes that with the implementation of these contracts, it will create favorable employment opportunities for thousands of people and bring about a fundamental change in the country’s economic situation.

It should be noted that the Interim Kabul government has undertaken major economic projects, including the rehabilitation of dams, reconstruction of major highways, and the operationalization of the Kush Tepa canal, which are among the most significant economic projects in the past two years.

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