Archive for the ‘Afghanistan’s Economy’ Category

Afghanistan to receive grant to boost electricity production

Afghanistan’s Ministry of Finance announced this weekend that an agreement has been signed where the Asian Development Bank (ADB) will grant Afghanistan with $75.4 million. The money is going to be used to boost electricity production so that more than 50,000 residents of Gerishk district in Helmand province will have electricity. According to Afghan media [...]

January 22, 2012   Posted in: Afghanistan's Economy, Job Creation, Reconstruction and Development  One Comment

Reports: Mega poultry farm to be setup in Nangarhar and a new school building inaugurated in Faryab

The foundation stone for a mega poultry farm was laid yesterday in the Kama district of Afghanistan’s eastern province of Nangarhar, according to a Pajhwok Afghan News report. Senior officials told the news agency that it will employ over 1000 Afghan men and women, and that the project is expected to take three and half [...]

January 16, 2012   Posted in: Afghanistan's Economy, Education, Job Creation, Reconstruction and Development, Women's Rights  One Comment

Building for a clinic opened in Parwan and a bridge inaugurated in Kunar

Last week, Afghanistan’s Bakhtar News Agency reported that a 10 room building for a medical clinic was opened in the Shinwari district of Parwan province. The building was constructed at a cost of more than $150,000; the funding for the project was provided by the Japanese government. The clinic will provide health services to the [...]

January 8, 2012   Posted in: Afghanistan's Economy, Health News, Reconstruction and Development  Comments Closed

Afghanistan signs major oil deal with China

Afghanistan signed a major oil exploration contract with a Chinese company (China National Petroleum Corp) today in Kabul. The deal will develop three oil fields in northern Afghanistan (Sar-e-pul and Faryab provinces). Wahidullah Shahrani, Afghanistan’s Minister of Mines, told the media that the deal could bring in about $7 billion to Afghanistan over the next [...]

December 28, 2011   Posted in: Afghanistan's Economy, Environmental Issues, Reconstruction and Development  3 Comments

Improvements to be made to Herat airport and construction work starts on major dam

Afghanistan’s Tolo news reported today that the Italian government has agreed to provide Afghanistan with a $240 million long-term loan to renovate and standardize Herat International Airport. The construction of a new terminal is also on the project list. Meanwhile in the southwestern province of Nimroz, construction work has begun on the Kamal Khan Dam, [...]

December 18, 2011   Posted in: Afghanistan's Economy, Environmental Issues, Reconstruction and Development  Comments Closed

Reports: Work on Samangan road launched; Retaining wall built in Baghlan

Pajhwok Afghan News (PAN) reported today that construction work on a 15km road was launched in the Khuramsar Bagh district of Afghanistan’s northern province of Samangan today. A provincial public works department officer told PAN that the road will be 6 meters wide and will take 4 months to complete. Once completed, the road will [...]

October 31, 2011   Posted in: Afghanistan's Economy, Environmental Issues, Reconstruction and Development  Comments Closed

Work on 12km road and sports stadium completed in Paktia province

Late last week, Pajhwok Afghan News (PAN) reported that reconstruction work on a 12km road in Gardez, the capital city of Afghanistan’s eastern province of Paktia, was completed at a cost of $3,400,000. The road links the Tiri Kandao area with Sharan, the capital of neighboring Paktika province. “It is an important project for residents [...]

October 23, 2011   Posted in: Afghan Sports News, Afghanistan's Economy, Reconstruction and Development  Comments Closed

Salt Refinery Plant Inaugurated In Balkh Province

Pajhwok Afghan News (PAN) reported today that a $4 million private salt refinery was inaugurated today in Afghanistan’s northern province of Balkh. The factory was setup by the Mullah Azad Group, the director of the factory, Mahfoozullah Fagur, told PAN. The factory currently employs 200 people and will soon be raised to 1000 once another [...]

September 25, 2011   Posted in: Afghanistan's Economy, Job Creation, Reconstruction and Development, Women's Rights  Comments Closed

Reports: $100 million food processing plant and new hospital to be built in Afghanistan

Afghanistan’s Tolo news reported two days ago that the Dubai based ANHAM contracting firm “will invest $100 million in Afghanistan to build a food processing plant and a logistics hub covering 5,000 hectares of land.” The report cited the Afghan Investment Support Agency (AISA) as saying that the project will create thousands of jobs, and [...]

September 12, 2011   Posted in: Afghanistan's Economy, Health News, Job Creation, Reconstruction and Development  Comments Closed

Cashmere processing plant and cement factory recently inaugurated

A cashmere processing plant was inaugurated in Afghanistan’s western province of Herat on Saturday, a report from USAID (United States Agency for International Development) said today. According to the report, the “Herati Cashmere and Skin Processing Plant will be able to process more than 400 kilograms of raw cashmere each day through its line of [...]

July 31, 2011   Posted in: Afghanistan's Economy, Job Creation, Reconstruction and Development  Comments Closed

Hundreds to get electricity in Bamiyan province

A project to provide electricity to 750 homes and 500 business in Afghanistan’s central province of Bamiyan was recently announced, according to a report today from Pajhwok Afghan News (PAN). The project includes the installation of two generators that will produce 1200 kilowatts of electricity. Habiba Sarobi, the governor of the province told PAN that [...]

July 14, 2011   Posted in: Afghanistan's Economy, Reconstruction and Development  Comments Closed

Reports: New development projects to begin and others have been completed in Afghanistan

Across Afghanistan there are scores of new development projects that will either soon be launched or have been completed. Many of these projects will not only bring much needed infrastructure and money to the Afghan government, but also bring much needed services to the people of Afghanistan. On July 2, Pajhwok Afghan News (PAN) reported [...]

July 5, 2011   Posted in: Afghanistan's Economy, Education, Health News, Job Creation, Reconstruction and Development  Comments Closed