Contracts worth $6.557 billion for seven large-scale mines awarded

KABUL, Aug. 31 – Contracts worth $6.557 billion for seven large-scale mines were signed today,  in the presence of Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar Akhund between the Ministry of Mines and Petroleum and the winning companies, said office of the deputy economic PM. The contracts include four blocks of the […]

KABUL, Aug. 31 – Contracts worth $6.557 billion for seven large-scale mines were signed today,  in the presence of Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar Akhund between the Ministry of Mines and Petroleum and the winning companies, said office of the deputy economic PM.

The contracts include four blocks of the iron ore mine in Ghorian district of Herat province. Watan Dorokhshan Company, which includes Azaran Industrial Structures Company as a shareholder, was awarded the first block.

Sahil Middle East Mining & Logistics Company, whose partners are Dara-e-Noor, an Afghan company, and Epcol, a Turkish company, was awarded the second block. Shamsh, an Afghan company, with GBM and AD Resources, British companies, was awarded the third block. Bakhtar Steel Company, with Ahya Sepahan and Parsian Iranian companies, was awarded the fourth block.

In addition, one block of the lead and zinc mine in Tulak district of Ghor province was awarded to Afghan Invest Company.

The Samti gold mine in Chah Ab district of Takhar province was awarded to the China-Afghanistan Company with Zarawar Afghanistan Private Company being the shareholder. And the Second Mess Aynak mine in Logar province was awarded to Turia Private Company.

It is worth mentioning that a total of $6.557 billion will be invested in these seven projects. This will create thousands of jobs and significantly improve the economic situation of the country.