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BAZAR: Local Firm Invest $20m in Steel Industry

The company will invest $20 million in the project. Once complete, the capacity of the firm will increase, and it will create an additional 1,000 jobs.

Government officials and members of Khan Steel, a smelter firm in Kabul, laid the foundation stone for the second phase of the company, which will be completed within three months.

The firm will produce up to 400 tons of steel every 24 hours after completion of its second phase which will be enough to replace 20 percent of imported steel, officials said. 

Business

BAZAR: Local Firm Invest $20m in Steel Industry

The company will invest $20 million in the project. Once complete, the capacity of the firm will increase, and it will create an additional 1,000 jobs.

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Government officials and members of Khan Steel, a smelter firm in Kabul, laid the foundation stone for the second phase of the company, which will be completed within three months.

The firm will produce up to 400 tons of steel every 24 hours after completion of its second phase which will be enough to replace 20 percent of imported steel, officials said. 

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