Archive for the ‘Afghanistan’s Economy’ Category

Project To Reduce Kabul Street Floods Started Today

Every year, during the rainy season, many of Kabul’s streets flood, thus causing hardship on residents and making transportation in the city difficult and dangerous. As a result of this, the United States is funding a project via its USAID program where a seven kilometer canal will be built to stop flooding in about 50 […]

April 15, 2010 · admin · No Comments
Posted in: Environmental Issues, Job Creation, Reconstruction and Development

Direct flights now available between Tehran and Kandahar

Yesterday, the Iranian Aseman airlines flew for the first time a direct flight from the Iranian capital of Tehran to Afghanistan’s second largest city, Kandahar. Flights by both Afghan and Iranian airlines happen at least twice a week from Tehran to Afghanistan’s capital of Kabul, however this was the first time an Afghan or Iranian […]

April 14, 2010 · admin · No Comments
Posted in: Afghanistan's Economy

Road maintenance project in Kandahar province

According to a press release issued today by the United Nations Office for Project Services (UNOPS), a project to conduct routine and emergency maintenance work on three critical roads (Arghanda road, the Panjwai road and the Southern Bypass) will begin in Afghanistan’s southern province of Kandahar. According to the press release, “the maintenance work will […]

April 6, 2010 · admin · No Comments
Posted in: Afghanistan's Economy, Reconstruction and Development

ADB invests in energy distribution company in order to increase access to safe and reliable energy in Afghanistan

The Philippines based Asian Development Bank (ADP) sent out a press release earlier this week that they will invest up to $8 million dollars and buy a 25% stake in Sungas LLC, a liquefied petroleum gas (LPG) distributor in Afghanistan.  As a result of this, Sungas will be able to further expand its distribution through […]

April 1, 2010 · admin · No Comments
Posted in: Afghanistan's Economy, Environmental Issues, Reconstruction and Development

Poppies replaced with pistachio trees

In an effort to eliminate Afghanistan’s dependence on illegal opium farming, Afghan and foreign reconstruction teams from Spain have recently completed a year long project in Badghis province where the illicit crop was replaced with pistachio trees.  Qal`eh-ye Now is just one of many villages in Badghis province that has greatly benefited from this project. […]

March 29, 2010 · admin · One Comment
Posted in: Afghanistan's Economy, Reconstruction and Development

Kajaki Dam Renovation

According to local media, Afghanistan’s Ministry of Energy and Water has announced that the Kajaki Dam, located in the Kajaki district of the southern province of Helmand, will soon be renovated  in order to store more water and provide more energy. The renovation project will also provide 3000 job opportunities in Afghanistan. The Kajaki Dam […]

March 28, 2010 · admin · No Comments
Posted in: Job Creation, Reconstruction and Development

Reforms increase state revenues in Afghanistan

As President Hamid Karzai wraps up his trip to China after securing deals to further economic ties between China and Afghanistan, the Finance Ministry of Afghanistan, headed by Omar Zakhilwal, announced today that the state’s budget revenues rose by 45% last year.  Domestic revenues grew from $400 million in 2008-2009 to about $600 million in […]

March 25, 2010 · admin · No Comments
Posted in: Afghanistan's Economy, Reconstruction and Development

New Hospital and School Opened in Herat Province

Yesterday, in the Gazar Gah district of Afghanistan’s western province of Herat, Afghan and foreign officials opened the doors to a new hospital. A press release sent to goodafghannews.com stated that the hospital is “composed of a large main entry area which also serves as a waiting room, a wing for women and children, and […]

March 18, 2010 · admin · No Comments
Posted in: Education, Health News, Job Creation, Reconstruction and Development, Women's Rights

Report: Afghanistan Plans Bill Trading and Bond Sales

Aimal Hashoor, a spokesman for Da Afghanistan Bank, the central bank in Afghanistan that regulates the banking and money handling operations, told Bloomberg news yesterday that “Afghanistan plans to allow trading in central bank bills and start selling longer-term government bonds in the coming year to diversify funding sources after receiving more than $30 billion […]

March 16, 2010 · admin · No Comments
Posted in: Afghanistan's Economy, Reconstruction and Development

Another step towards Afghan self sufficiency: Sewing shop puts Afghans to work supporting the National Army

Photos below show Afghan seamstresses preparing flags and uniforms that will be used by the Afghan Military. See video of the sewing shop:

March 14, 2010 · admin · One Comment
Posted in: Afghanistan's Economy, Job Creation, Reconstruction and Development, Women's Rights

New bridge built in Herat province’s Zeerko Valley

Yesterday, Afghan and foreign officials formally inaugurated a new bridge that was built in the Zeerko Valley of Herat province. The new bridge, which is 8 meters wide and 160 meters long, is in the Shindband district (south Herat), bordering Farah province. Afghan officials say that this new bridge is very important for the movement […]

March 10, 2010 · admin · No Comments
Posted in: Afghanistan's Economy, Job Creation, Reconstruction and Development

Women’s business center to be built in Herat

Yesterday, foreign and Afghan officials attended a foundation stone-laying ceremony for a new 5,489 square feet women’s business center that will be built in Afghanistan’s western province of Herat.  According to a press release received by goodafghanews.com: “The center was donated by the Italian Ministry of Defense and is in cooperation with the Department for […]

March 8, 2010 · admin · No Comments
Posted in: Afghanistan's Economy, Reconstruction and Development, Women's Rights