Ministry puts up 8 mines for tender, says ‘200’ investors interested

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The Ministry of Mines and Petroleum said that more than 200 domestic and foreign companies have shown an interest in eight mines that have been put up for tender by the ministry.

A ceremony was held in the Serena Hotel in Kabul and was attended by senior Islamic Emirate officials and Afghan businesspeople.

“We currently have eight mines which we have announced, in Tolak (Ghor province),” said Shohabuddin Delawar, acting Minister of Mines and Petroleum.

Meanwhile, the Ministry of Economy pledged that it will make every effort to recruit foreign investment into the country.

“The Islamic Emirate has yet to be recognized but the interest of national and foreign traders for investment inside the country can play a vital role in economic development in the country,” said Abdul Latif Nazari, Deputy Minister of the Economy.

The Afghanistan of Chamber Commerce and Investment (ACCI) called for further support for traders to pave the ground to increase exports.

“The export makes a country’s infrastructure. If we don’t have exports, we will not be able to import foreign currency to Afghanistan,” said Mohammad Yunus Momand, head of the ACCI.

The Ministry of Finance said that it has increased tariffs on imports of some products to support domestic production.

“The Ministry of Finance increased tariffs on foreign products in order to facilitate a good market for domestic products,” said Mohammad Nasir, Deputy Minister of Finance.—Tolonews

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