Afghanistan Peace CampaignSome of the investors who have invested in these mines pledged that the mining processes will also be carried out within the country.
The Ministry of Mines and Petroleum (MoMP) signed contracts for ruby mines in Jegdalek, Kabul, and barite in Herat with two companies.
Shahabuddin Delawar, the acting minister, stated that these two mines are valued at over $33 million and have been contracted for a period of 15 years.
“The ruby mine is located in Surobi District of Kabul, covering an area of 6.8 square kilometers, with a total investment of $27.5 million on this mine,” the acting minister of Mines and Petroleum added.
Some of the investors who have invested in these mines pledged that the mining processes will also be carried out within the country.
Abdul Rahim, an investor, said: “One of the necessities for oil drilling is barite, which will be extracted and powdered by us in the future to be used in these wells, making us self-sufficient in this field in Afghanistan.”
Several economic experts state that attention to the mining sector and the transparent awarding of contracts significantly impact the country’s economic growth.
Sayed Masoud, an economist, said: “In the mining sector, as it is non-renewable and used only once, it leaves a hole in the ground, which requires special conditions to operate and in fact involves assessing national benefits, regional prices, global issues, and transportation.”
Statistics from the Ministry of Mines and Petroleum indicate that in the solar year 1402, fifteen major mining contracts were signed with domestic and foreign companies.