Afghanistan unveiled 43 tenders for natural resource projects in a drive to attract investment. The government hopes a royalty rate from 2.5 percent to 7.5 percent and an import duty exemption on machinery used to work on the projects will encourage investment.
Afghanistan's mineral assets are estimated to be worth as much as $1 trillion.
Afghanistan's mineral assets are estimated to be worth as much as $1 trillion.
Afghanistan's acting Minister of Mines and Petroleum Nargis Nehan, explained, "We have a good package of incentives for investors." The projects have generated interest from U.S., European, and Gulf companies, Nehan said.
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