Canadian businessmen to invest in Afghan economy, including cement plant

Release time:

2015-06-08


Afghanistan: According to the BBC, following a meeting with the first vice president of the Islamic Republic of Afghanistan Gen Abdorrashid Dostum, several Canadian businessmen said that they would invest US$8bn dollars in Afghanistan and later increase that amount.

The funds will be invested in the construction of a hydropower dam in Fariab Province and the extraction of gas and petroleum in Sheberghan City. Work to build a cement plant in Samangan Province, the extraction of coal in Takhar Province and gemstones in Badakhshan Province and an iron plant will also be part of their programmes. All the activities will be under control of the Afghan government, the World Bank and other Afghan government institutions.