25 April 2018

RSS Facebook

Ads

Economic

Monday, March 12, 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                                               69//10 Afs                           
One Pound Sterling                                 95/20   Afs                                                  
One Euro                                                84/90 Afs                           
One Emirate’s Dirham                           18/75 Afs                           
One Thousand Pakistani Rupees              615 Afs                           
One Thousand Indian Rupees                1060 Afs                                         
One Thousand Iranian Rupees              14/50 Afs                           
Yarzada

Monday, March 12, 2018

Kabul (BNA) The Ministry of Public Works (MoPW) has announced an alternative proposal that will be implemented in Salang, this ministry has three plans in hand for the Salang Pass, which the alternate is the Salang tunnel.
Mohammad Mehdi Rohani, spokesman for the Ministry of Public Works, told The Kabul Times reporter that this ministry has to seek alternatives routes to Salang to rebuild this passage.
The first proposal is Salang tunnel alternative that is the Doshi- Bamyan road, which is 152 km long, which its construction has divided into 6 sections, he added.
The first part which its agreement was recently signed by the president, Minister of Public Works with a contractor company, will begin in Baghlan and Bamyan in the near future.
The second to fifth sections are surveyed and are in the procurement process and will be completed within one month.
According to the Ministry of Public Works, the construction work of Bamyan-Doshi road will be started in six sections in the next two months. With the completion of the Bamyan-Doshi road, traffic jam of the current Salang tunnel will be decreased and transfers the traffic to Bamyan-Doshi road. After the transfer of traffic, the major repairing will begin within the Salang tunnel, until the damages of Salang are reconstructed.
Rohani went on to say that in order to once again reconstruct the current Salang tunnel the MoPW has talked to 12 companies and these companies have participated in the basic studies of the Salang tunnel and currently its under evaluation, after this, the basic reconstruction work of the Salang tunnel would be started.
The MoPW is trying to rebuild the Salang tunnel in a good international standard and this project funded by the World Bank.
Currently, the World Bank has provided $50 million to the Ministry of Public Works for tunnel studies.
He mentioned that the third proposal is a long-term one that includes the new Salang tunnel. Previously, the Salang new tunnel had been studied by USAID, which its study includes of six proposals, that out of six three of them were approved by the Ministry. The Australian company is currently pursuing their studies and it has been put for bidding and the Australian company SEMK has been announced as the winner of bidding and its studies are underway. And after their basic studies, the Ministry of Public Works will share some other issues with them in this regard.
Based on MoPW report, the cost for new tunnel will be paid by Asian Development Bank (ADB) to the government of Afghanistan. The Afghan experts believe that the Salang Pass is one of the important routes which connects nine Northern provinces to Kabul. The government not only has playing role in reconstruction of this Pass, but should specify its alternative also as soon as possible and start its work.
Shukria Kohistani
 

Sunday, March 11, 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                                               69//15 Afs                           
One Pound Sterling                                 95/40     Afs                                                
One Euro                                                84/80 Afs                           
One Emirate’s Dirham                           18/75 Afs                           
One Thousand Pakistani Rupees              611 Afs                           
One Thousand Indian Rupees                1070 Afs                                         
One Thousand Iranian Rupees              14/65 Afs                           
Yarzada

Sunday, March 11, 2018

Kabul (BNA) Recent contracts which were signed on second phase of Kajaki hydropower plant, construction of Zamin Dawar canal and Musa Qala Dam with a private company, create hopes for implementation of more development projects.
A presidential statement said that these contracts were inked at the end of HEC meeting. The statement adds that these contracts including 100 MW power generation project of second phase of Kajaki dam, purchase of Kajaki power, and construction of Zamin Dawar canal and Musa Qala Dam which were singed with 77 private Co in the presence of president Ghani, CE Dr Abdullah, members of HEC, by chairman of Breshna Co and 77 Co.
The statement said that the 77 Co would invest US $175m in second phase of Kajaki dam and this project would be implemented through public and private partnership for 20 years.
According to the statement, the project would be a sustainable government revenue source through taxes and the Afghan government would earn US$ 93m from taxes. Economically, the project would create many employment opportunities and would be a sustainable alternative for imported energy and growth of private sector investment in energy sector.
Construction of Zamin Dawar canal and Musa Qala Dam would create more facilities for local people including people access to hygienic potable water, prevention of floods, irrigation of arable lands and power generation. This project would create ground of direct and indirect occupation for locals with positive environmental impacts.
According to a statement of the MoWP, the construction of Yatimtapa head dam and its supporting walls with a length 5.5km with an expedition of US$18m of ADB assistance has concluded. This project would cause elimination of risk of possible floorings, and provide irrigation water for Khawja Bahauddin and Yangi Qala districts, Takhar province.
In an interview with The Kabul Times reporter economist Saifuddin Saihoon said, the Afghan people support the government development projects, investment in these sectors at current circumstances is very important, because majority of our people are involved in agriculture and it requires sufficient water.
Shukria Kohistani
 

Page 8 of 347