An iron smelting factory with a $50M investment was inaugurated in the presence of a number of officials from the Islamic Emirate.

The factory's officials said that the factory has provided direct employment opportunities for two thousand people.

Naqibullah Nazari, the factory manager, asked the Islamic Emirate to also increase the import tariff on steel rods.

"In the second phase of our factory, about $50 million has been invested. This month, we are producing steel rods ranging from 8 to 32 millimeters with diameters of 60 to 75," he added.

Mullah Abdul Ghani Baradar, deputy prime minister for economic affairs, pledged at the opening ceremony that they support investors in the country and have increased the import tariffs on similar goods.

Mullah Abdul Ghani Baradar said the opening of the iron smelting factory is important for the economic growth and development of the country.

“We have settled for less, and all industrialists need electricity, but they have settled for less electricity,” he added.

"There is no doubt that Afghanistan has been oppressed and destroyed over the past few decades, but fortunately a system has emerged in Afghanistan that possesses the spirit of revival," said Noor-ul-haq Anwar, the head of the Islamic Emirate's General Directorate of Administrative Affairs.

Khalil Rahman Haqqani, the acting Minister of Refugees and Repatriation, emphasized at this ceremony that for self-sufficiency in iron production, the iron smelting factory was also established during the first era of the Islamic Emirate.

"With the resumption of the Islamic Emirate, Alhamdulillah, we have rebuilt and inaugurated factories that lead Afghanistan towards self-sufficiency, including the iron smelting factory as part of this process," he said.

Previously, the acting Minister of Industry and Commerce said that the country had achieved self-sufficiency in 134 domestic products and semi-self-sufficiency in another 100 items.