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Factories in Sheikh Misri town on the verge of closure

13 May 2021 - 14:51 JALALABAD (Pajhwok): Businesspeople in eastern Nangarhar province say lack of electricity and security and continued land grab remain key obstacles to investments in the Sheikh Misri industrial town The Sheikh Misri industrial town was established during the Taliban regime. Currently, dozens of factories are operating there, providing job opportunities for around 2,000 people. The town has capacity for 635 factories which will provide employment to thousands of people if security, electricity and other facilities for the town maintained. Tor Malang Shagiwal, director of the Nangarhar Chamber of Commerce and Industries, told Pajhwok Afghan News that three townships had been set up in the province for the development of industry.

Traders want permanent slate stone transfer permit

20 Apr 2021 - 09:24 JALALABAD (Pajwhok): Pajhwok Afghan News findings show the Ministry of Mines and Petroleum (MoMP) has temporarily allowed transfer of slate stones in Nangarhar province after around a year-long suspension of the process. Owners of companies and factories involved in slate stones extraction and process have rejected the MoMP decision and said that the move could harm investors and traders and thousands of people working in the industry would lose their jobs. In March 2020, National Procurement Commission in a meeting cancelled slate stones contracts with companies and stopped processing and transporting of the stones. Mohammad Aziz Gharwal, spokesman of MoMP, told Pajhwok Afghan News that 23 areas containing slate stones were awarded to the private sector between 2012 and 2017.

Afghan Exporters Claim $450M Loss Due to Detained Shipments

Afghan Exporters Claim $450M Loss Due to Detained Shipments The Nangarhar Chamber of Commerce and Investment said that Afghan businesspeople suffered a nearly $400 million financial loss over the past eight months because of products detained at Pakistan’s Karachi port. But Afghan exporters say problems also exist on the Iranian side. Speaking at a seminar on the difficulties currently facing the Afghan businessmen at Iran’s Chabahar Port, members of the Nangarhar Chamber of Commerce and Investment said that the Afghan government has failed to address the problems that the Afghan business community and private sector face in the neighboring countries.

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