By: The Kabul Times
KABUL: Two separative contracts; alabaster and travertine projects have been signed between the Ministry of Mines and Petroleum and the Natural Stone Company early Tuesday, a statement from the Presidential Palace said.
The agreements which were signed with the country’s President virtually attended, included alabaster extraction project in Nangarhar and Kunar and travertine in Parwan provinces, said the statement.
Signing these projects and other projects on hand, would help the country’s ministry of mines to turn into a revenue-generating institution, according to the statement.
The Nangarhar-Kunar alabaster extraction area covers up to 27 square kilometers while that of travertine stone in Parwan covers 6 square kilometers, the statement quoting the acting Mine and Petroleum Minister said.
The contractor has pledged to complete the project within one year, providing work for up to 350 people, in the provinces.
Enayatullah Momand, the acting minister of petroleum and Mohammad Asef Stanekzay signed the contracts.
Speaking on the issue, the country’s president said small investment was the symbol of big movement and can pave the way for big entrepreneurs.
Thanking the Natural Stone company’s chief for investment of up to $11 million on the two semiprecious stones extraction factories and the initiation of the alabaster export to the world markets, the country’s president said: “Afghanistan owns hundreds tons of alabasters with different colors, which could be the source of plenty of revenues which is an important step for the country to reach self-sufficiency.