Sunday, July 28, 2024

Taliban start building road for huge Chinese copper mining project

Reuters | July 25, 2024 | 


Stock image.

Afghanistan’s Taliban administration this week began construction of a road to the remote site of a huge copper mine that Metallurgical Corporation of China (MCC) confirmed it was planning to start operating though it did not know when.


The developments were among the clearest signals since the Taliban took over in 2021 that both sides planned to move ahead with the project after its launch has been mired by delays for over a decade.

If it goes ahead, the project would be one of the biggest in Afghanistan’s history and the Taliban estimate it would create 3,000 direct jobs for Afghans and thousands more indirectly.

Afghanistan’s vast mineral wealth has been trumpeted as a path to economic independence. But instability has repeatedly hampered past projects, even under the previous Western-backed government.

An MCC-led Chinese consortium took out a 30-year lease for the mine with the Afghan government in 2008.

Taliban acting deputy prime minister Mullah Baradar at a ceremony to launch the road’s construction on Wednesday said the project was of “vital significance”, according to a statement.

He highlighted: “the urgency of initiating practical work without further delay, given the considerable time already lost.”

China’s ambassador and a technical team for MCC also attended the ceremony in Mohammad Agha, the nearest town in eastern Logar province to the site, according to the statement.

A spokesperson for MCC’s investor relations told Reuters on Thursday that they were not sure when operations would begin but that they did plan to push for the mine to start operations.

An MCC source told Reuters in 2021 that it could take five to six years to build infrastructure for mining there but the project could not go anywhere while safety concerns lingered.

China has signalled interest in mining investment in Taliban-ruled Afghanistan and has spoken with the Taliban about its plans to join Beijing’s Belt and Road Infrastructure plan.

Mired by banking restrictions, Afghanistan has plunged into economic crisis since the Taliban took over and no foreign government has formally recognised their government.

The Taliban say they have focused on restoring security after 20 years of war. However attacks, including on foreign targets and a hotel popular with Chinese businesspeople, have been carried out by militant groups including the Islamic State.

(By Mohammad Yunus Yawar in Kabul, Charlotte Greenfield in Islamabad and Beijing Newsroom; Editing by Alexandra Hudson)

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