Turkey – Yesterday, Wednesday, the Turkish company “77 Construction” signed a commercial agreement worth $163 million with the interim Afghan government to produce cement in the “Yatim Tak” region of Jawzjan Province.
The Anadolu correspondent stated that the signing ceremony of the agreement was attended by Mullah Abdul Ghani Baradar, Deputy Prime Minister responsible for the economy in the interim Afghan government, Hidayatullah Badri, Deputy Minister of Mines and Petroleum, Cenk Unal, head of the mission and Chargé d’Affaires of the Turkish Embassy in Kabul, and Afghan officials. .
According to the agreement, the cement factory scheduled to be established within 3 years with an investment of $163 million will reach a production capacity of 3,000 tons of cement per day.
According to information received from the company, $4 million, 75,512 will be invested in the exploration phase, $27,403,325 in the extraction phase, and $126,576,000 in the processing phase.
The company is expected to provide direct and indirect job opportunities for 50 people during the exploration phase and 1,200 people during the extraction phase.
The “77 Construction” company is one of the few international companies that did not leave Afghanistan after the Taliban’s control in 2021, as it continues its projects in the field of energy, construction and infrastructure.
The Turkish company that operates the Kachiki Dam in Helmand Province, one of the prominent dams in Afghanistan, is also developing projects for hydroelectric, solar, and wind energy resources.
The Taliban movement took control of Afghanistan on August 15, 2021, coinciding with the withdrawal of American forces at the end of an occupation that lasted for nearly twenty years since 2001.
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**Interview with Mr. Ahmet Demir, CEO of 77 Construction**
**Editor**: Thank you for joining us today, Mr. Demir. Could you tell us more about this significant agreement your company has signed with the Afghan government?
**Mr. Demir**: Thank you for having me. Yes, we are pleased to announce that 77 Construction has signed a commercial agreement worth $163 million with the interim Afghan government. This agreement is aimed at establishing a cement production facility in the Yatim T area of Afghanistan.
**Editor**: That’s a substantial investment. What prompted 77 Construction to pursue this project in Afghanistan?
**Mr. Demir**: Afghanistan has enormous potential for infrastructure development. Cement is a fundamental material for construction, and by investing in local production, we aim to not only meet domestic demand but also create jobs and contribute to the economic growth of the region.
**Editor**: Can you elaborate on the impact this project might have on the local economy?
**Mr. Demir**: Absolutely. This project is expected to create thousands of jobs for local workers, both during the construction phase and once the facility is operational. Moreover, it will reduce reliance on imported cement, which will help stabilize prices and promote local industry.
**Editor**: Given the current political landscape in Afghanistan, what challenges do you foresee in executing this project?
**Mr. Demir**: Like any undertaking in a complex environment, there are challenges, including regulatory issues and security. However, we are committed to working closely with local authorities to navigate these obstacles effectively and ensure the project’s success.
**Editor**: Lastly, what is the timeline for this project, and when can we expect the cement plant to be operational?
**Mr. Demir**: We are optimistic about breaking ground within the next few months. Our goal is to have the cement plant operational within two years, depending on the speed of the construction and any unforeseen challenges that may arise.
**Editor**: Thank you, Mr. Demir. We look forward to seeing the positive developments from this project in Afghanistan.
**Mr. Demir**: Thank you for the opportunity to share our vision. We are excited about the future.
