Two huge projects: Afghan invest signs contract with IEA

KABUL (Ariana News): The “Afghan Invest” company officials say they have signed two huge project contracts with the Islamic Emirate in which tens of millions of dollars will be invested in both projects.
The transfer of 500 KV line from the north to the center and the extraction of lead mine in Tulak district of Ghor province are these two big projects, the company officials said.
They stated that preliminary work on these two projects has been started.
Shirbaz Kaminzada, head of Afghan Invest, stated that he has contracted with a Chinese company to purchase the necessary line for the transmission of 500 KV electricity from Sheberghan to the center, which will reach Afghanistan soon.
The Ministry of Industry and Commerce Spokesman Abdul Salam Jawad Akhundzada meanwhile said that efforts are underway to provide more investment facilities for investors in the country because there is a high capacity for investment inside Afghanistan.
“The Ministry of Industry and Commerce provides all facilities to all domestic and foreign investors who want to invest in Afghanistan,” said Akhundzada.
“We ensure that we provide all facilities for distributing licenses for investment and import of raw materials and machinery,” he added.
According to economic experts, if the government facilitates investment in the country, Afghanistan can accept billions of dollars of investment.
Experts also added that the start of the official engagement of Islamic Emirate with the world and the complete end of banking sanctions on Afghanistan will open a new window for investing billions of dollars in the country.