Qatar miners eye Afghanistan - report

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Image for illustrative purposes)

(Image for illustrative purposes)

Qatar mining companies are eyeing new business in Afghanistan, with the country sitting on US$3 trillion of underground resources, it was reported.

According to Doha-based Gulf Times, Afghanistan is hoping to attract more Qatari firms to invest in deposits of of copper, iron, gold, lithium and gas.

The more than ten-year war in Afghanistan made the country highly dependent on foreign financial aid.

The International Monetary Fund projected the country's economy to grow 5.2 percent in 2012, with this to rise to 6.5 percent for 2013.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: Thomas E.

Hopefully these mining projects can get started, and money begin to flow in, soon enough before more instability can wreck the country again, once international forces leave the country. These minerals the country has have potential to bring in some serious wealth into the country, so hopefully it's stable enough in the future to take proper advantage of it.

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Features & Analysis
Making Connections: Lou Lou Khazen Baz

Making Connections: Lou Lou Khazen Baz

In the space of just two years Nabbesh has grown from a bold...

1
Building a BIZness: Q&A with Hazel Jackson

Building a BIZness: Q&A with Hazel Jackson

Since landing in Dubai in the 1990s, Hazel Jackson has built...

Do celebrity branded projects ever work?

Do celebrity branded projects ever work?

The long list of celebrity-endorsed real estate developments...

1
Most Discussed
  • 24
    World's most pierced man refused entry to the UAE

    Tolerance has its limits everywhere including Dubai and those who considered Dubai a lawless circus were held accountable...so thank you Dubai authorities... more

    Thursday, 21 August 2014 10:51 PM - Khalil
  • 23
    Baby NOT on board?

    Some of you cry babies need to get your own personal apartments on the plane ! You cry more then the babies I have seen in my travels. LOL more

    Thursday, 28 August 2014 9:10 AM - Jim
  • 21
    Israel “must be punished” over Gaza, says Dubai police chief

    This high moral ground that Mick is talking abt sound very familiar. May I remind Mick that the US & its British ally alone killed over 1 million innocent... more

    Thursday, 7 August 2014 4:12 PM - Mathew