$140 Million in Contracts: Kazakhmys, Kazatomprom, and ERG Eye Opportunities in Afghanistan
Photo: Gov.kz
Kazakhstan and Afghanistan have signed commercial agreements worth $140 million, with some of Kazakhstan’s largest resource companies exploring investment opportunities in Afghanistan’s mineral sector, Orda.kz reports.
The deals were announced following the visit of Minister of National Economy Serik Zhumangarin to Kabul, where a Kazakh-Afghan business forum brought together over 50 Kazakhstani companies. According to the ministry, the agreements span a wide range of sectors, including food products, industrial chemicals, machinery, and IT services.
Zhumangarin noted that several major firms are showing serious interest in launching geological exploration and potential mining operations in Afghanistan.
These companies are looking into investment opportunities in promising mineral deposits. Representatives from ERG Exploration, Kazakhmys Barlau, and Kazatomprom joined our delegation to engage in detailed discussions,the Minister said.
Another group of specialists from Kazakhstan is set to visit Kabul at the end of May to assess Afghanistan’s geological potential. The Afghan side has committed to sharing relevant data on available mineral resources.
This follows earlier reports that geologists had already begun collecting samples from prospective Afghan mining sites.
Original Author: Nikita Drobny
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
