26 April 2018

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Economic

Tuesday, April 24, 2018

Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                               70/25 Afs                           
One Pound Sterling                                 97/50 Afs                           
One Euro                                                85/60 Afs                           
One Emirate’s Dirham                           19/10 Afs                           
One Thousand Pakistani Rupees          587 Afs                           
One Thousand Indian Rupees                1065 Afs                                         
One Thousand Iranian Rupees              12/90 Afs                           
Yarzada
 

Tuesday, April 24, 2018

Kabul (BNA) Presided over by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) held session the other day, the presidential palace said in a statement.
During the meeting, 34 contracts were reviewed and consequently 20 of them worth 2.3 billion Afghanis were approved, the statement further said.
The approved contracts are as follow:
1. Water supply project contract in Gardez city, Paktia province,
2. Contract of asphalting 8km road inside Char-e-Kar city, Parwan province related to the ministry of rural rehabilitation and development,
3. Contract on water supply network in Maimana city, Faryab province, conditional to final negotiation with volunteer company,
4. Contract on technical studies to develop and equip Herat International Airport, related to Afghanistan civil aviation independent Authority,
5. Procurement contract of fuels needed for Kabul Municipality vehicles, trucks and machineries,
6. Procurement contract of food items needed for higher education institutions and cadre hospitals in the center, related to the ministry of higher education,
7. Procurement contract of two types of fuels (diesel & petrol) needed for finance ministry,
8. Consultative services contract to execute Afghanistan business information system program,
9. Procurement contract of electrical materials needed for power network related to Da Afghanistan Breshna Company,
10. Procurement contract of construction and miscellaneous materials needed for Da Afghanistan Breshna Company,
11. Contract of oxygen capsules needed for public health ministry’s facilities,
12. Procurement contract of IT equipment for public health departments in 34 provinces,
13. Contract of parts ‘procurement project to basically repair 3 power generators related to defense ministry,
14. Contract of maintenance, facilities and Afghan national army equipment,
15. Contract of five items of fresh fruits needed for Thunder 203 Army Corps,
16. Contract of 30 items of foodstuff needed for general logistic department, interior ministry,
17. Contract of 26 items of foodstuff for prisons and detentions department, interior ministry,
18. Contract amendment with increasing the cost of maintenance services of public credits registration system, Da Afghanistan Bank,
19. Contract amendment with increasing the price of a 100-bed hospital construction in Laghman province,
20. Contract amendment with increasing the cost of a services project on ensuring security of Hamid Karzai, Kandahar, Herat and Mazar-e-Sharif International Airports.
Furthermore, NPC approved the contract of Da Ariana Afghan Airlines to transfer national army personnel, the statement added.
The president also instructed the ministries of public works and public health to pay further heed on time management and completion of their development projects.
 

Monday, April 23, 2018

Kabul (BNA) The TAPI gas pipeline project survey began in Herat province, and its construction work is due to begin in the fall of this year.
Nargis Nehan, Acting Minister of Mines and Petroleum Ministry, told the media that investors are thinking that a project that has not been implemented for 30 years, whether it would be able to be implemented in the next few years? She added that there is still resistance, and we will not be able to implement it in its due time.
Although the armed Taliban said they support the project, but security concerns are still exists.
Last month, Taliban in Farah province intensified their attacks, and some Afghan experts say the motive behind the Taliban attacks is this the TAPI project not to be launched.
It is believed that if this project completes the 1800-kilometer gas pipeline, annually, about 33 billion cubic meters of Turkmenistan gas will be exported to Pakistan and India through Afghanistan.
Afghanistan will consume about 5 billion cubic meters of gas and will change the cooking and refinement of Afghan families.
Meanwhile, the Regional Development Director of ADB says the bank will provide Afghanistan share in TAPI project, and the World Bank will monitor energy and fertilizer projects.
According to the Head of the Regional Development Director, Herat will become an industrial city with the implementation of the project.
Aman Ghaleb, Head of Breshna Sherkat said the company will give priority to electricity production from gas.
The Breshna Sherkat will focus in this issue that in which region the Brishna Kot to be built for gas pipeline project, Ghaleb stated.
The TAPI project is a historic event that with beginning of its work, it would bring great hope to Afghanistan’s economic prosperity, but the concern about the security of the project is the issue that proposed by people’s representatives.
According to a number of representatives of the provinces where pipelines pass through, their districts are believed the project to be confronted with security challenges and say that the Afghan government should be vigilant in the connection.
Nasima Niyazi, representative of the Helmand people in this connection said that of the four provinces where the TAPI gas pipelines will pass is not only in the interest of the regional countries and neighbors, but also with the implementation of this project in Afghanistan, beside the creation of job opportunity for more than 30,000 individuals, Afghanistan will receive $ 500 million annually for gas transit. 
Shukria-Kohistani
 

Monday April 23, 2018

Kabul (BNA) Contracts on three power supply projects have been signed between the Afghan Breshna Shirkat, the main power supply company and three foreign companies’ chiefs, at the Char Chanar Palace, a statement from the Presidential Palace said Sunday.
During a ceremony attended by President Mohammad Ashraf Ghani, some Afghan high ranking officials and representatives of Bamyan province, chief of the Afghan Breshna Shirkat and the in charges of KEC and Shima Power of India and M.S. Chijian Power of China to supply electricity to the central province of Bamyan, the statement said.
The projects contains extension of 220KVs power with the capacity of 300 megawatt from the Dushi power sub-station to the Bamyan province with the length of up to 180 kilometers costing up to $43.8 million by the Indian KEC company, creation of a substation with the capacity of 20,220 KVs in the Dasht-e-Azhdar of Bamyan province transmitting 32 megawatt electricity costing $11.6 million by the Chinese M.S. Shijiang company, according to the statement.
Likewise, another contract was signed with the Shima power of China supplying power at the cost of $24.1 million to the Bamyan province, providing up to 20,000 households with electricity currently and up to 450,000 customers in the future, said the statement.
 

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