Construction begins of Afghan section of Turkmenistan, Afghanistan, Pakistan and India pipeline

The pipes are pictured during the inauguration ceremony of the TAPI pipeline project, in the Tagtabazar district of Mary province, near the zero point between Turkmenistan and Afghanistan, on September 11, 2024. (AFP)
Short Url
Updated 12 September 2024
Follow

Construction begins of Afghan section of Turkmenistan, Afghanistan, Pakistan and India pipeline

  • The Afghanistan section was to have been completed in 2018, but construction was repeatedly postponed because of security concerns
  • The ceremony to weld the first joint of the pipeline section was observed by Afghan prime minister and the Turkmenistan president

ASHGABAT: Top officials of Afghanistan and Turkmenistan on Wednesday witnessed the start of construction of the Afghanistan section of the pipeline that will supply Afghanistan, Pakistan and India with natural gas from Turkmenistan’s vast reserves.
The Afghanistan section was to have been completed in 2018, but construction was repeatedly postponed because of security concerns. Only the Turkmenistan section has been finished.
The Wednesday ceremony to weld the first joint of the 100-kilometer (62-mile) pipeline section from Turkmenistan to the Afghan city of Herat was observed by Afghan Prime Minister Hassan Akhund, Turkmenistan President Serdar Berdymukhamediv and his father and predecessor Gurbanguly.




Taliban government spokesman Zabihullah Mujahid (L) attends the inauguration ceremony of the TAPI pipeline project at Islim Cheshma in the Tagtabazar district of Mary province on September 11, 2024. (AFP)


The pipeline will eventually supply 33 billion cubic meters of gas a year.
Turkmenistan has the world’s fourth-largest gas reserves, which are the keystone of its economy. After losing its gas trade with Russia, Turkmenistan sought to diversify its customers and currently exports mainly to China.
Gurbanguly Bersymukhamedov, who holds the title of National Leader of the Turkmen People, said that the pipeline project and ancillary projects will add 12,000 jobs in Afghanistan and more than 1 billion US dollars per year in revenue, according to the government newspaper Neutral Turkmenistan.


Global ride-hailing company inDrive eyes expansion into Pakistan’s foodtech, health care sectors

Updated 11 sec ago
Follow

Global ride-hailing company inDrive eyes expansion into Pakistan’s foodtech, health care sectors

  • InDrive CEO Arsen Tomsky says company challenges unfair practices such as inflated rates, high commissions
  • Says Pakistan among inDrive’s top ten markets worldwide, notes country’s large youthful population

ISLAMABAD: The chief executive officer of global ride-hailing company inDrive revealed this week that his organization was eyeing expanding into Pakistan’s foodtech and health care sectors, aiming to tap into the country’s massive young population. 

The development takes place after inDrive announced earlier this month that it was entering Pakistan’s online grocery delivery market by launching a new service in the southern port city of Karachi. inDrive said it would launch the service by partnering with quick commerce platform Krave Mart. 

In an interview with state-run Pakistan TV Digital on the sidelines of the World Economic Forum in Davos on Wednesday, the company’s founder and CEO Arsen Tomsky said it enters countries where policies are stable and to challenge what he described as unfair practices such as inflated rates, high commissions and price monopolies. 

“Step by step we will launch into new fields where we see significant injustice,” Tomsky said. “For example, we have started to think about health care. Also this year, we are expanding in foodtech, where we see again, a significant level of injustice.”

Tomsky noted that Pakistan is among the company’s top ten markets globally. He added that the South Asian country presented significant opportunities as it was home to over 250 million people, where a large percentage of the population was young. 

“The market is absolutely booming and taking off,” he said. “I believe in the fantastic future of the country.”

According to inDrive’s website, it was founded in 2013 and incorporated in the US in 2018. inDrive says it is available in 888 cities across 48 countries. 

The ride-hailing platform’s unique feature allows passengers and drivers to negotiate the fare directly. The company says that in 2022 and again in 2023, inDrive was the second most downloaded ride-hailing app worldwide based on Google Play and App Store data.