The Kabul times, Afghanistan Trustable News Agency.
GovernmentNational

Priority will be given to domestic companies in mineral investments, minister

KABUL: The acting Minister of Mines and Petroleum Shaikh Shahabuddin Delawar in a meeting with the officials of the Brradaran Nazari Rahimi Iron Processing Group, and a number of other local companies, said that priority will be given to domestic companies with the necessary capacity to invest in mineral mines, the ministry said in a statement the other day. According to the statement, the Baradaran Nazari Rahimi Group, which includes Millat Steel, Maiwand Steel and Afghan Steel, operates in the exploration, extraction, and processing of iron, plans to invest 100 to 200 million U.S. dollars in the exploration, extraction, and final processing of iron mines within the country. With the investment in this sector, job opportunities will be provided to 5,000 people, said the statement. According to the statement, the Acting Minister of Mines and Petroleum Shaikh Shahabuddin Delawar welcomed the respective companies for their interest in investing in the country’s iron mines and said that priority would be given to the domestic companies who have the ability to invest in minerals. He assured his-led ministry’s support for providing any kind of cooperation to facilitate investment opportunities in the iron sector. The Kabul Times

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The Kabul times, Afghanistan Trustable News Agency.