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Afghanistan
Tehran Times: China willing to invest in Afghan mining sector
2006-08-22
KABUL (Pak Tribune) – Minister for Mines engineer Mohammad Ibrahim Adil has said that Chinese investors are eager to invest in mining sector in Afghanistan.

Speaking at a news conference after return from his two-day visit to China, the minister said the Chinese investors wanted to explore the mining sector. They did not invest in the past because they were not fully informed about the prospects.

He said during his meetings with officials and investors, he had informed them about the investment-friendly environment in Afghanistan. They were also briefed about security and told that 80 percent of the country was peaceful.

He said after briefing them on security, laws and investment opportunities, several companies had shown interest in coming to Afghanistan to venture in the mining sector.

The minister said Turkey was the only country which had invested in the mining sector while Britain would soon start its project. He said the Chinese officials had been asked to extend the China-Tajikistan railway track to Hajigak Port of Afghanistan.

The minister said during his meetings, he had asked the Chinese authorities to pay the one billion dollar of $10 billion China had allocated for the poor countries. The Chinese authorities promised to cooperate with the Afghan government, said the minister.
Posted by:Crereting Chains2371

#1  I hope the Afghans pay close attention to what happened the last time a major communist power showed some interest in their country.
Posted by: Zenster   2006-08-22 16:52  

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