Pajhwok Services

Photo Service

SMS News Service

Pajhwok combines its expertise and experience in news reporting with a telecom firm and thus reach a wider audience in an 
effective way.

To subscribe: 
English News Update : Send 83 to 824
Dari News Update : Send 84 to 824
Pashto News Update : Send 85 to 824

Election Coverage

Special Mining Page

Afghan Peace Process Special Page

Addvertise With Pajhwok

Daily Newsletter

Sending Time (GMT / Kabul time)

Suggest a Story

Pajhwok is interested in your story suggestions. Please tell us your thoughts by clicking here.

Marbles imported despite 9b tonne deposits

Marbles imported despite 9b tonne deposits

Oct 29, 2014 - 17:54

KABULinfo-icon (Pajhwok): The deputy commerce and industries minister on Wednesday lamented that traders continued to import marbles despite the existence of deposits of more than nine billion tonnes in Afghanistaninfo-icon.

Mutasil Komaki, who inaugurated the National Marbles Conference and Second Meeting of the Working Group, said so far $350 million had been invested in the marble sector, but that was not enough and should be increased to a billion dollars.

According to the ministry, more than 100 companies and factories are currently busy extracting and processing marbles in the country.

Komaki, however, admitted acquisition of proper land, the lack of electricity and security and illegal extractions of marbles were main problems facing investors, prompting them to import more than 80 percent of marbles from neighbouring Iran and Pakistaninfo-icon.

He estimated at more than nine billion tonnes worth $200 billion marble deposits in Afghanistan, saying today’s conference was aimed encouraging investors to invest in the sector besides discussing major problems they faced and finding solutions to them.

Sirajuddin, an investor who participated in the conference, told Pajhwok Afghan News besides the problems mentioned by Komaki, the new mining law had also some problems and needed amendments.

“Under the law, an investor should pay 10 percent of his capital to the ministry as a guarantee, besides 5,000 afs to obtain license for extractions. This is a huge amount for some investors,” he said.



Related Article

Download “Pajhwok” mobile App, on your smartphone to read and access latest news, features, interviews, videos and photos about Afghanistan.


Add new comment


Twitter Update