Archive for the ‘Afghanistan’s Economy’ Category

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 · admin · 3 Comments
Posted in: Afghanistan's Economy, Environmental Issues, Reconstruction and Development

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

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

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 · admin · No Comments
Posted in: Afghan Sports News, Afghanistan's Economy, Reconstruction and Development

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 · admin · No Comments
Posted in: Afghanistan's Economy, Job Creation, Reconstruction and Development, Women's Rights

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 · admin · No Comments
Posted in: Afghanistan's Economy, Health News, Job Creation, Reconstruction and Development

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

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

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 · admin · No Comments
Posted in: Afghanistan's Economy, Education, Health News, Job Creation, Reconstruction and Development

New schools to be built and a factory inaugurated

Afghanistan’s Ministry of Education announced yesterday that the foundation stone for a new girl’s elementary school has been laid in the Paghman district of Kabul province. A ceremony was held to mark the occasion and local officials as well as teachers and students attended. The new building will be built in 6 months at a […]

May 23, 2011 · admin · One Comment
Posted in: Afghanistan's Economy, Education, Health News, Job Creation, Reconstruction and Development

Major deal signed to allow direct flights between Afghanistan and Bahrain

Recently, Afghanistan and Bahrain signed an agreement that will promote civil aviation ties between the two countries. The deal will make possible direct flights between Bahrain and Afghanistan. Bahrain’s Civil Aviation Affairs Undersecretary Abdulrahman Mohammed Al-Qaoud and Afghan Deputy Transportation and Civil Aviation Minister Sayed Mehdi Sayedi sealed the agreement. According to the Bahrain News […]

May 1, 2011 · admin · No Comments
Posted in: Afghanistan's Economy

$60 million beverage bottling plant to be built in Afghanistan

PepsiCo, one of the world’s largest food and beverage companies has recently signed an exclusive deal with the Dubai based Alokozay Group to manufacture and distribute popular PepsiCo beverages such as Pepsi, Diet Pepsi, Mountain Dew and 7-UP in Afghanistan. A $60 million beverage bottling plant will be built in Kabul in order to make […]

April 23, 2011 · admin · One Comment
Posted in: Afghanistan's Economy, Job Creation, Reconstruction and Development