ECONOMY — June 19, 2026
Islamic Emirate Signs Gold Mining and Cement Factory Contracts in Khost and Samangan
The five-year gold contract in Khost province's Shamal district is valued at more than 802 million afghanis with a 60 percent share for the Islamic Emirate, while the 30-year cement factory in Samangan will produce 1,200 tons daily and employ nearly 600 people.
The Ehtebar Desk — originates with ToloNews — 2 min read
The Ministry of Mines and Petroleum has signed two contracts with private companies for resource extraction and industrial development.
In Khost province's Shamal district, a five-year gold mining contract was signed. It is valued at more than 802 million afghanis, granting the Islamic Emirate a 60 percent share.
In Samangan province's Firoz Nakhchir district, specifically in Ibek, a 30-year contract for a cement factory was agreed upon. The factory is expected to produce 1,200 tons daily, with an investment of 67 million dollars, and it will generate approximately 600 jobs.
Humayun Afghan, the spokesperson for the ministry, confirmed the terms of the cement contract.
Analysts have expressed support for these projects due to their potential to boost the economy. However, they have called for the use of sustainable and standardized techniques in mining operations.
Companies from China, Turkey, and Qatar are among the foreign investors active in Afghanistan's mining industry.
Read the original reporting at ToloNews →
Reliability assessment
Single source provides direct on-record attribution from named ministry spokesperson Humayun Afghan with concrete, checkable details including contract durations, values, locations, production capacity, and job numbers.
The source language reads straight.
Across the newsrooms
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ToloNews
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Reported straight
Filed under
Economy — Ministry of Mines and Petroleum, Khost Province, Samangan Province, Gold Mining, Cement Production
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