(MENAFN- Pajhwok Afghan News) KABUL (Pajhwok): The High Economic Commission (HEC) has approved government policies for investment in extracting and processing granite and marble stones and establishing marble industry in the country, a statement said on Friday.
The High Economic Commission met at the Presidential Palace on Thursday afternoon under the chairmanship of President Ashraf Ghani, a statement from the Presidential Palace said.
The meeting first discussed the strategy for establishing dry ports in the county. In this regard, the president said limits, opportunities and standard should be clarified. The president directed the ministries of transport and finance to evolve a comprehensive strategy regarding infrastructural affairs in coordination with the public and private sectors under the supervision of the presidential advisor.
Ghani said a committee should be created to monitor quality of construction of installations because dry ports were established to facilitate exports and imports and that the proposed committee should have the required capabilities.
Under the strategy, dry ports should have facilities like car parking areas, warehouses, loading, unloading, customs offices, transport, cold storages and other related facilities.
The meeting then discussed a joint report of the Ministry of Commerce and Industry and the Mines and Industry Chamber about marble industry in Afghanistan. After discussion, the meeting approved the strategy on marble industry with the conditions that clear technical standards should be observed and firms which maintained high standard should be relaxed in term of taxes.
The president said the unity government welcomed investments, however their types and effectiveness should be identified. According to preliminary estimates, Afghanistan holds marble deposits worth $150 billion and 25 extraction and 108 processing companies are engaged in the sector
The HEC meeting decided to grant the contract for extraction and processing of marble stones to Natural Sang Processing company after discussing in detail the company€™s policy. The company will invest $15 million in the sector.
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