Tatas, Jindals keen on Afghanistan investment
Saturday, 13 November 2010, 06:14 IST
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New Delhi: Afghanistan today said many Indian corporate houses including Tatas and Jindals besides Indian origin ArcelorMittal have evinced interest in developing its Hajigak mines with an estimated reserves of 2 billion tonnes of high quality iron ore. "The companies which are seeking information for Hajigak include Ispat, Essar, Indian-origin ArcelorMittal, Jindals and Tatas," Afghanistan Mines Minister Wahidullah Shahrani told reporters after calling on Indian Mines Minister B K Handique. In order to attract investment in the war-torn country, Afghanistan had in September sought expression of interest (EoI) from global companies to develop Hajigak mines. "The mines is part of huge mineral reserves in the country, which have been scientifically assessed and are valued at USD 3 trillion", Shahrani said. "We will encourage Indian mining companies to mine reserves there and set up steel plants.
Source: PTI
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