The President of Afghanistan has asked the Afghanistan Investment Facilitation Unit to conduct necessary investigations in cooperation with the Central Bank of Afghanistan and the National Electricity Company (Breshna) for the investment of a group of Chinese investors.
The Presidential Palace had announced that a group of Chinese investors have traveled to Afghanistan to invest in coal-fired power generation.
China is now investing in Afghanistan’s mining and oil sectors. In one case, the Afghan government outsourced the mining of one of the country’s largest copper mines, Aynak Copper, to China.
Most of Afghanistan’s electricity is now imported from Uzbekistan, Tajikistan, Turkmenistan and Iran. These countries supply 80% of Afghanistan’s electricity.
Insurgents destroyed 13 Afghan power towers in two weeks last month, cutting off power to Kabul, Logar, Ghazni, Paktia, Maidan Wardak, Laghman, Nangarhar and Kapisa provinces.
