The Ministry of Mines and Petroleum announced that several Russian investors have expressed interest in investing in Afghanistan’s mineral resources.
During a meeting with the deputy minister of policy at the ministry, the Russian company representatives stated their intention to invest particularly in gold panning and emerald mining in Afghanistan.
The Afghanistan Chamber of Industries and Mines emphasized that the country’s diverse mineral reserves present a significant opportunity for both domestic and international investors. Investment in this sector could not only create employment but also contribute to the growth of Afghanistan’s economy.
On the other hand, some economic experts believe the government should create more facilities and incentives to attract greater foreign investment in Afghanistan’s mining sector.
Previously, the Economic Deputy Office of the Prime Minister reported that 415 billion Afs have been invested in exploration, extraction, and processing of 21 major mines in Afghanistan. Preliminary studies estimate Afghanistan’s untapped natural resources to be worth approximately $3 trillion.
