The Silk Road Company said it will invest in electricity production from water and wind resources in Afghanistan, according to the spokesman of the Ministry of Industry and Commerce, Akhundzada Abdul Salam Jawad, who said that in a meeting the acting minister of the MOIC with the officials of the Silk Road Company stressed increased support and more investment of this company.
Water and wind are important resources of energy production and developed countries are producing energy from these two sources.
Although Afghanistan has abundant water and wind resources, less investment has been made in these sectors.
The spokesman of MOIC said: "Speaking with the officials of the Silk Road Company, the acting minister announced their all-round support. It should be mentioned that the Silk Road company is a commonwealth company consisting of Kazakh-Afghan investors."
A number of economic analysts said that for investment in various sectors, it is necessary that the restrictions imposed by the international community be canceled.
"In more than 2 and a half years, most of the foreign investors have come to Afghanistan and expressed their interest in investing in the sectors of mining, agriculture, electricity and water, and the containment of water. If the restrictions are lifted, we can find our place in the region in a short time,” said Mohammad Nabi Afghan, an economic analyst.
"An active population and a high level of wages brings about the growth of the labor force and increases the rate of return and proper management of savings and investments, so the government should grow these components as much as possible," said Shaker Yaqobi, an economic analyst.
Earlier, the Ministry of Energy and Water (MoEW) established a committee to attract investment in the energy sector, which has attracted $100 million dollars of investment in the energy sector.