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Ghani confirms TAPI project launch in December

Ghani confirms TAPI project launch in December

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On
Nov 16, 2015 - 21:48

KABULinfo-icon (Pajhwok): President Ashraf Ghani on Monday confirmed TAPI gas pipeline project would be launched next month.

The president said this during a meeting with a delegation of East-West Foundation at the Presidential Place, a statement from the president’s media office said.

At the meeting, the president expressed his views about turning Afghanistaninfo-icon into a bridge connecting the region and said practical work on TAPI project would be launched in December.

Afghanistan would be the net beneficiary as it would earn $500 to $600 million in royalty on the shipment of gas through its territory from Turkmenistan to Pakistaninfo-icon and then India.

The pipeline will run along a highway built in Afghanistan and a special security system will be installed to raise alarm before any incident to ensure the security of infrastructure.

The president said Afghanistan concentrated more on long-term economic development projects than short-term schemes.

When foreign troops existed in Afghanistan, the transport sector would earn the country’s 22 percent gross income, the president said, adding that efforts were underway to strengthen the sector again.

Ghani said huge amounts of money existed in Afghanistan banks and his government was trying to develop a system under which loans were issued to circulate the money.

He said Afghanistan had the will to prepare its strategic goals by developing fundamental projects in a way that a non-cooperative country in the region could be replaced by another country.

ma

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