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Iranian Investors Seek To Develop Power Generation Projects in Afghanistan, Claims Taliban

Aug 12, 2024, 09:47 GMT+1

The Taliban's Ministry of Energy and Water has announced that Iranian investors have shown interest in developing water supply and electricity generation projects in Afghanistan.

As per the Taliban-controlled Bakhtar News Agency, the interested investors are affiliated with Mobarakeh Steel Company and its subsidiaries. The news agency, citing the Ministry's media office, detailed that officials from these companies discussed their investment interests during a meeting with Abdul Latif Mansoor, the Taliban's Minister of Energy and Water.

While specific projects were not disclosed, the Taliban's media office conveyed that Mansur welcomed the Iranian investors' interest, highlighting that the investment environment in Afghanistan is currently favourable.

Bakhtar also reported that Abdul Latif Mansur emphasised on the need for "coordination and the swift initiation of practical work" by these investors in the sectors of water supply and electricity generation.

Afghanistan has long been dependent on imported electricity, with the majority of its power currently sourced from Iran and Central Asian countries.

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