Afghan Cabinet discusses China's Aynak project investment

Afghan Cabinet in its special meeting with President Hamid Karzai on the chair, held Saturday discussed China's Aynak project investment, an official with Chinese Embassy in Kabul told Xinhua on Sunday.


"Aynak Copper Mine is one of the most important economic projects in Afghan history, which has a great impact on the Afghan social and economic development, and it is necessary to put into operation as soon as possible," President Karzai said while chairing the Cabinet session.


Xu Feihong, Chinese Ambassador to Afghanistan also attended the meeting, according to the official. Several senior officials from Afghan government including Advisor to National Security, Minister for Mines and Industries, and the Minister for Agriculture attended the meeting.


All the concerned parties and officials at the meeting agreed to tackle the challenges encountered by the Aynak project and promised to provide all the necessary support to accelerate exploration process of the project.


The China Metallurgical Group Corp and China's top integrated copper producer Jiangxi Copper Co. started work in Logar Province in July 2009 to explore and develop the vast Aynak Copper Mine south of the capital Kabul. The project, with an investment of more than four billion U.S. dollars, is the biggest foreign investment in Afghanistan's history.
(Source:http://news.xinhuanet.com)