Pajhwok Afghan News

Contracts worth $6.5b for 7 large-scale mines inked in Kabul

KABUL (Pajhwok): The Ministry of Mines and Petroleum (MoMP) on Thursday inked contracts for seven large-scale mines worth $6.557 billion with winning bidders.

The contracts were signed at a press conference here in the presence of Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar Akhund.

Acting Minister of Mines and Petroleum Shahabuddin Delawar said these contracts were awarded after thorough investigations and transparent bidding.

According to Delawar, the contact of the gold mine in Takhar province was awarded to the China-Afghan company and Zoror Afghanistan company. These firms would invest 310 million dollars.

The contract for Mes Ainak copper mine in Logar province with an investment of 411 million dollars was signed with a private company Toyar, the contract for Ghoryan iron mine in Herat province was signed with Watan Derakhshan company, which would invest $2.8 billion.

The second block of Ghoriyan mine with an investment of $874 million was signed with Sahil Sharq Maneh company and a Turkish company.

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 shareholder. The second Mes Ainak mine in Logar province was awarded to Turia Private Company.

sa/ma

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