ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Terrorism

China's mining ambitions in Afghanistan haunted by militants

ISIS-K steps up threats and attacks as Beijing eyes oil and copper

Taliban soldiers stand guard in Mes Aynak valley, around 40 km from Kabul, where China is eyeing massive copper reserves.   © AP

KARACHI -- Escalating threats from Islamist militants are casting doubt on the future of big-money Chinese mining projects in Afghanistan.

Earlier this month, Xinjiang Central Asia Petroleum and Gas (CAPEIC) signed a 25-year oil extraction deal with the Afghan Taliban authorities for the Amu River oil field in northwestern Afghanistan. The company is expected to invest $150 million in the first year of the contract and $540 million over three years.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more