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Mines Minister Delawer Prioritizes Domestic Companies for Iron Mine Investments Offers Substantial Support

 

KABUL (BNA): The acting Minister of Mines and Petroleum, in a meeting with the officials of the Nazari Rahimi Brothers Iron Processing Group, stated that domestic companies with the necessary capacity to invest in mineral resources will be given priority.

According to a statement from the Ministry of Mines and Petroleum, Sheikh Shahabuddin Delawar, the Acting Minister of Mines and Petroleum, met with officials from the Nazari Rahimi Brothers Company and several other Major local companies at his office.

The Nazari Rahimi Brothers Group, which operates in the exploration, extraction, and processing of iron, plans to invest between 100 to 200 million US dollars in the exploration, extraction, and final processing of iron mines within the country. This investment is expected to create job opportunities for 5,000 people.

The Acting Minister of Mines and Petroleum welcomed the interest of the aforementioned companies in investing in the country’s iron mines. He emphasized that domestic companies with the capacity for mineral investment will be prioritized, and the ministry is ready to provide substantial support and facilitate these investments.

Bakhtar

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