14 December 2017

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Economic

Wednesday, December 13, 2017

Kabul (BNA) Presided over by President Mohammad Ashraf Ghani, high economic council’s session was held yesterday at presidential palace.
In the session, head of Da Afghanistan Breshna Sharkat (DABS) Eng. Amanullah Ghalib briefed related to implementation of the council’s approved documents in particular 2nd phase of Kajaki dam that included price of tariff, tax, operation scale, compensation of losses, executing agreement of the project, contract for purchasing electricity and others.
After overall discussions in connection with the respective project and its legal issues, the session asserted that those who were losing their lands for implementation of the project should be supported and the respective contract should have clear legal basis.
Afterwards, working report of debts committee was delivered to the session by an official to ministry of mines and petroleum and was said that most of companies have delivered their written commitments in this regard to the ministry. In the session, it was suggested that cooperation should be provided in connection with maintaining security of contracting companies.
The country’s President said that a clear review should be done by the third institution, adding that they should have a clear formula related to fines of the companies.
President Ghani further said that those companies that have committed to investment have fulfilled their promise and should be further supported.
In the session, selling report of Mazar-e-Sharif Fertilizer Enterprise was delivered by an official to ministry of mines and petroleum. Later on, report and suggestion related to extraction of mining materials as stone and pebble and plan for making use of construction materials was delivered by officials to ministry of mines and petroleum.
In this regard, the country’s President said that amount for using construction materials by government should clarified by a committee. While stressing on quality of the materials and proper price, he said facilitation should be provided to companies to participate in open competition. After overall discussions, the session decided that extraction process of mining materials as stone and pebbles should be extended for another year.
 

Tuesday December 12, 2017

Kabul (BNA) At the presence of President Ghani and CE Abdullah, the High Economic Council (HEC) during its meeting on Monday signed the contracts on CASA-1000 power transmission line and Arghandi’s 500kv substation, the presidential palace said in a statement.
The meeting signed CASA-1000 power transmission line worth $235mln between Da Afghanistan Breshna Company’s CEO, Eng. Amanullah Ghalib and Indian companies’ in-charges KPTL and KEC, the statement further said. CASA-1000 power transmission line project which crosses Central Asian countries and ends in Pakistan, would length 765km, that 563km of which would pass through Afghanistan and would be implemented in three parts of the country, the statement added. The contracts on project’s first part worth $76.9mln with KPTL company, the second part worth $85.43mln and the third part worth $72.83mln was signed with KEC company, the statement continued. The amount would be granted by World Bank and the project would be practically started on April 2018 and would be completed by the next three years, the statement added. Likewise, the meeting signed a contract on building a 500kb substation in Arghandi by Da Afghanistan Breshna Company Eng. Ghalib and an Indian company of Techno-RGM JV, the statement said. Building of the substation would worth $32.2mln which would be sponsored by the Asian Development Bank. Work on substation would be practically started on January 2018 and would be wrapped up by the next two and half a year.
 

Tuesday, December 12, 2017

Kabul (BNA) Chaired by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) held meeting at the presidential palace on Monday, BNA reported.
The meeting approved 5 contracts worth 2.1 billion Afghanis which include:
-Road construction of Shorabak-Spin Boldak in Kandahar province, related to the ministry of public works.
-Road construction of Shabashak, Dar-e-Souf in Samangan province, related to the ministry of public works.
-Planes insurance services contract, related to Ariana Afghan Airway Company and two others which were related to the ministries of public works and urban development.
Besides, the NPC approved time extensions of a road project of Chah-e-Anjir to Gereshk in Helmand province and supervision project of Sparay-e-Surkhroad road in Jalalabad.
Afterward, President Ghani tasked the ministry of public works to review the ongoing projects’ supervision and advisory services and control the quality, the agency added.
The meeting was attended by Chief Executive Dr. Abdullah Abdullah, head and members of NPC, national and international observers and some other domestic and foreign officials.

Monday, December 11, 2017

Kabul (BNA) Ministry of Rural Rehabilitation and Urban Development (MRRD) has reported of completion of graving work of 28 km road in Hesa-e-Awal and Behsoud-e-Markazi districts of Maidan Wardak.
According to an official to MRRD Habib Behzad, the road has been constructed through national road construction program by MRRD.
He added a protective wall has been also constructed beside the road in order to prevent from threats of floods.
 

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