Officials pledge to facilitate investment in mining sector

KABUL (SW) – Officials of the Islamic Emirate have vowed to facilitate local and foreign investors in the mining sector.

Officials from the Afghanistan Chamber of Industry and Mines has said that a number of foreign investors are seeking ways for investment in Afghanistan’s mining sector. According to officials, the Islamic Emirate respects the wishes of foreign companies, but gives priority to domestic companies that invest in the country’s mines and work with foreign firms in joint ventures.

Shirbaz Kaminzada, head of the Afghanistan Chamber of Industries and Mines, told a news conference today that he had submitted proposals to the Ministry of Mines and Petroleum for the extraction of mines, especially the country’s major mines, which had been accepted by the ministry.

According to him, the Islamic Emirate, in order to give priority to local businessmen and investors in the field of mining, has asked them to prepare a list of the number of investors who want to invest in this sector.

The head of the Afghanistan Chamber of Industries and Mines added that many facilities have now been provided for the country’s mines, and that is why foreign companies are interested in working with Afghan investors in this sector.

He stressed that in the last twenty years, the Afghan government and other countries not paid much attention to the country’s industry and mines.

According to him, the Islamic Emirate now supports this sector and because of this, more than four billion afghanis have been secured as revenue for the government in the last six months, and in the previous years, more than 100 million afghanis were secured as revenues for the government.

Meanwhile, Rahimullah Samandar, chairman of the board of directors of the Afghanistan Chamber of Industries and Mines, stated that a committee has been set up to identify problems, suggestions and needs of industrialists to share with officials after review.

ENDS

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