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China to invest in Afghan energy, renewables

AT News

KABUL: A Chinese energy giant is in talks with Taliban to secure a deal for development of renewable energy and coal-fired power plants in war-battered country, Taliban officials said.

Acting Energy and Water Minister, Mullah Abdul Latif Mansour met with representatives of HTC Company to discuss a mega project to develop wind and coal power capacity in Afghanistan.

China seems inclined toward Afghanistan’s mineral-rich playground but there are hopes that Beijing’s energy ambitions will fill the void and help the country’s energy infrastructure flaws.

Representatives of the HTC Company expressed interest in investing in the production of coal and wind-fired energy in the country and called for necessary cooperation of the ministry on the ground.

Minister Mansoor welcoming HTC’s interest in investing in Afghanistan said the Islamic Emirate sovereignty the ground for investment in various sectors has been paved more than ever, and now any foreign investors who are interested to invest in Afghanistan will be provided with any possible investment cooperation and facilities in the country, according to the statement.

Lately, lots of foreign investors have shown interest in investing in various sectors in the country, and with successful investment and contraction of the country’s mines millions of job opportunities will be provided for the people inside the country.

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