English | دری

Afghanistan welcomes foreign investors to invest in energy sector

in Afghan Business

Afghanistan welcomes foreign investors to invest in energy sector

The United States Agency for International Development (USAID), in partnership with Afghanistan’s Ministry of Energy and Water, organized a two-day Energy Business Opportunities Conference in Dubai, on September 18 – 19, 2016.

More than 200 participants representing Middle Eastern , Central Asian, Turkish, European and North American companies working in the energy sector attended the event, in addition to Afghan and international financial institutions and officials from various Afghan Ministries, the Emirates, and the United States Government.

The two-day Energy Conference aimed to promote foreign investments and joint venture opportunities in Afghanistan’s emerging energy sector, including solar, wind, biomass, geothermal and hydro projects, and created a platform for business-to-business matchmaking sessions between local and international investors and financial institutions.

“The U.S. Government through USAID is committed to assisting Afghanistan achieve its potential in the renewable energy sector, this conference provides the opportunity for Afghan and International partners to collaborate in joint initiatives in this field,” said U.S. Ambassador P. Michael McKinley.  “Renewable energy technologies are powerful tools for alleviating poverty, expanding rural development, and stimulating private sector growth while promoting sustainability.”

“We want to improve Afghanistan’s competitiveness in the field of energy through fostering successful collaboration and strategic partnerships between international and local businesses in order to promote energy technology in the country,” said Ali Ahmad Osmani, Afghanistan’s Minister of Energy and Water.

The conference also included discussions on Afghanistan’s first competitive bid Independent Power Producer project – the 10MW Kandahar Solar Farm – information about financing energy projects in Afghanistan, perspectives of various international donors on investments in the Afghan energy sector and a concurrent exhibition on energy services.


Tags assigned to this article:
afghanistanAfghanistan energy sectorUSAID

Related Articles

China and Turkey offer aid after Afghanistan landslide

Turkey’s Humanitarian Relief Foundation continued to deliver humanitarian aid to families affected by the devastating landslide in Argo district of

Bamiyan Cultural Center to open in summer 2018

Bamiyan Cultural Center is scheduled to open in  the summer of 2018, three years after its design was approved. In

A second wing added to Kabul’s Wazir Akbar Khan Emergency Hospital

The Wazir Akbar Khan Emergency Hospital has been expanded by the inauguration of a second wing on Wednesday. Equipped with

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.