The Kabul times, Afghanistan Trustable News Agency.
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Kazakhstan interested to invest in Afghanistan

Kazakhstan Urges Islamic Emirate Government to Facilitate Increased Investment Opportunities in Afghanistan. Kazakhstan’s trade representative, Yesin Tayef Arman, in a meeting with the acting minister of Energy and Water, Mullah Abdul Latif Mansoor, discussed the cooperation between Kazakhstan and Afghanistan in the sector of water and energy and urged the IEA to facilitate the increased investment opportunities. Officials at the Ministry of Energy and Water stated that in this meeting, the Kazakh trade representative conveyed the interest of his country in investing in the energy and water sector in Afghanistan. “During this meeting, the Kazakh trade representative discussed investment opportunities in the energy and water sectors of Afghanistan and urged the Ministry’s leadership to create investment opportunities,” said Matiullah Abid, the spokesperson for the Ministry of Energy and Water. In an interview with The Kabul Times correspondent, several economists and Afghan citizens asked the Islamic Emirate to provide further investment opportunities for countries interested in investing in Afghanistan. According to them, Afghanistan possesses abundant untapped resources that have yet to be fully utilized. If investments are made regarding these resources, it can help the people overcome unemployment, and Afghanistan can achieve self-sufficiency. Currently, Afghanistan possesses abundant mineral resources and ample water. It is essential to conserve and utilize the water resources within the country, considering the wastage of Afghanistan’s water. Construction of dams and water channels should be initiated to enable people to benefit from these resources. Our people are in need and cannot independently invest in managing the resources they possess. “One of Afghanistan’s revenue sources is its water resources. If we control and manage Afghanistan’s water, we can build hydroelectric dams and generate energy from its water. However, the Chamber of Commerce and Investment emphasizes that investment in Afghanistan will not be possible if the Islamic Emirate is not recognized,” said Ferdous Behzad, an economist. “We believe that until the political issue is resolved and our country is recognized, as long as the sanctions are not lifted from the banks, foreigners will not take the risk and proceed cautiously,” said Khan Jan Alkozi, the Deputy of the Chamber of Commerce and Investment. However, the Ministry of Industry and Commerce reports that good opportunities for national and international investors are provided in Afghanistan. “Whether they are national investors or international, we assure them that we are committed to facilitating the process of obtaining trade licenses, ease of access to land, and ease of access to raw materials in the manufacturing and industrial sectors. We are ready to facilitate their export activities,” said Abdul Salam Akhundzada Jawad, the spokesperson for the Ministry of Industry and Commerce. Since the Islamic Emirate takeover, different countries have shown interest in sectors, such as mining, oil and gas extraction, and electricity generation. However, none of these interests have been realized thus far. There is an optimism that the provided opportunities will not be missed, and the Islamic Emirate will collaborate with countries interested in investing in Afghanistan. Shukria Kohistani

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The Kabul times, Afghanistan Trustable News Agency.