AFGHAN INVESTMENT COMPANY (AIC)

On April 20, 2005 an idea was born in a meeting that took place in the Afghanistan International Chamber of Commerce. The idea was to build a consortium for the purpose of bringing investment and build industries in Afghanistan in order to create jobs and help the economic growth of the country, Afghanistan. Afghan Investment Company (AIC) was created and 4500 shares of the AIC were sold in the first meeting of the shareholders. As its first endeavor, the shareholders decided to build the first modern cement plant in the city of Pol-e-Khomri, the province of Baghlan, located 250 Kilometers north of Kabul. 34 shareholders paid $10,000 per share in order to finance rehabilitation of the coal mines, to complete and finish Ghori II Cement Plant and a new modern cement plant with the capacity of 4000 TPD.

The main objective of this consortium is to make contribution toward the development of infrastructure projects in order to resurrect the Afghan economy after 30 years of turmoil. Afghan Investment Company is formed by a group of highly successful and established Afghans with a solid base in Afghanistan and in-depth knowledge of the local conditions.

MANAGEMENT PHILOSOPHY

Our philosophy is delegation of authority, responsibility, accountability, efficiency and a management structure that promote care, team work and ingenuity. The legal structure of AIC is established in a way to comply better with government regulations and laws of Afghanistan. Taxation and liabilities also played important roll in registering the legal structure of AIC. AIC is registered as a Holding Company with two subsidiaries, AFGHAN CEMENT LLC and AFGHAN COAL LLC.

AFGHAN CEMENT LLC

Afghan Cement LLC, a subsidiary of Afghan Investment Company is the largest cement-manufacturing unit in Afghanistan with a production capacity of 400 MT clinker per day. It has a countrywide distribution network and its products are preferred on projects of national repute both locally and internationally due to the unparallel and consistent quality. Afghan Cement Company acquired Ghori Cement Factory in Pol-e-Khomri under the privatization initiative of the Government in April 2007. Starting from the privatization, the focus of the management has been on increasing capacity as well as utilization level of the plant. Ghori plant enjoys above-standard specifications with regards to its products due to the comparative advantage of having easy access to immense deposits of high-grade limestone / clay / coal /gypsum at relatively low cost. In the first three months of its operation AIC invested and repaired Ghori I and was successful to increase the plant production capacity from 150 TPD to 400 TPD.

 

CAPACITY ADDITION

To meet the increasing demand, AIC has completed Ghori II cement plant which was abandoned half finished by PSP when the red army left Afghanistan 20 years ago. Ghori II Cement Plant like Ghori I is wet system. Ghori II has two wet kilns each with a capacity of 500 TPD production capacity.

EXPANSION

Furthermore, the group is also setting up Ghori III Cement Plant which will be a new state of the art Greenfield Cement Plant near the existing Ghori II facility with a production line of 4000 TPD clinker. The plant is expected to be in operation by the end of 2013.

POWER GENERATION

For continuous and smooth operations of the plant, uninterrupted power supply is very crucial. Furthermore, in order to reduce cost of production, Afghan Cement is going ahead with the construction of its own Coal based Thermal Power plant. The installed generation capacity shall be 30 MW. Links to the public power grid are in place to meet any excess power requirements.

AFGHAN COAL LLC 

AFGHAN COAL LLC, a subsidiary of AIC, is developing and operating four coal mines namely Karkar, Dudkash, Ahandara and Khurdara near the existing cement facility at Pol-e-Khomri under the privatization initiative of the government in April 2007. The output shall primarily cater to the needs of the existing and proposed cement plants and the proposed captive 25 MW thermal power plant