American-Turkish firm escapes from Afghanistan with USD 107mn
Officials in the Ministry of Public Works of Afghanistan have said the American-Turkish firm was awarded the construction of 237 kilometer ring road from western Herat province to northern Faryab.
Public Works Minister Najeebullah Ozhan quoted by BBC said the officials of ECCI-METAG left Afghanistan during the Eid days without completing the road construction project.
Ozhang further added that the construction firm had taken advance of $107 million which forms 25% of the overall contract value.
He said the firm is not prepared to return the money and is claiming more money from the government of Afghanistan, alleging that no security was provided for the construction works.
According to Ozhang, the government of Afghanistan had assigned 2,000 police force to maintain security for the construction project.
In retaliation to the government’s decision on the collection of taxes at entry points, Afghan traders protested and halted supplying
According to All Pakistan Cement Manufacturing Association (APCMA), exports of cement from Pakistan to Afghanistan have fallen year-on-year during the