English | دری

Prolonged election process hurting mining industry in Kunduz

in Afghan Business

Prolonged election process hurting mining industry in Kunduz

kunduzMines and Petroleum department in Kunduz have reported a significant decline in the province’s mining revenue, with the figure dropping from 2.8mn AFN in 2013 to 900,000 AFN this year.

Eng. Mirza Mohammad Sultani, director of the provincial Mines and Petroleum, linked the drop in mining revenue to the prolonged election process and withdrawal of foreign troops.

Stucco, stones, gravel and sand mine are excavated in Chahar Dara, Khanabad, Aliabad and Qala-e-Zal districts of Kunduz for construction purposes.

According to Sultani, procurement of construction materials by foreign troops were a major source of income. However, much of the revenue has been lost as a result of absence of contracts for procurement of construction materials after withdrawal of the foreign forces.

The extended election process has added to the misery of the business activities in the province as a number of businessmen are concerned about the security situation.

Unemployment and insurgency have increased due to the faltering political situation.



Related Articles

USAID supports Afghanistan’s “farmer-focused” approach to develop agriculture

The Ministry of Agriculture, Irrigation and Livestock of Afghanistan (MAIL) and United States Agency for International Development (USAID) signed agreements

Afghanistan ministry of education to build houses for teachers

According to the officials from the Ministry of Education, a contract has been signed to build a residential apartment for

Etisalat starts volleyball championship

Afghan Islamic Press-The Etisalat Afghanistan started a volleyball championship here in Jalalabad on Tuesday . The volleyball championship was launched

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Your e-mail address will not be published.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.