Call for Investment in Afghanistan with Providing Extensive Facilities

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Thu, Jan 16 2025 3:37 PM
Call for Investment in Afghanistan with Providing Extensive Facilities

Date: 16 January 2025

As part of ongoing efforts in industrial, trade, and transit programs, in order to enhance exports, stabilize the value of Afghani currency against other currencies, transform Afghanistan into an industrial and self-sufficient country, balance trade, and make the country as a real regional transit hub; the IEA's Ministry of Industry and Commerce launched a significant national investment initiative titled (Call for Investment in Afghanistan).

This magnificent program was attended by esteemed government officials including Deputy Prime Minister for Economic Affairs honorable Mr. Mullah Abdul Ghani Baradar; honorable Mr. Alhaj Nooruddin Azizi, the esteemed leadership of the Ministry of Industry and Commerce; other IEA's officials, foreign diplomats, high-ranking international guests, and prominent private sector leaders.

Initially, honorable Mr. Mullah Baradar, stressed on increasing national products and creating employment opportunities for the people of Afghanistan in both public and private sectors, assuring all investors of unwavering collaboration and support from the government.

Following, the acting Minister of Industry and Commerce talked about decree issued by the honorable Amir al-Mumineen (may Allah protect him) regarding the support of private sector and enhancement of national products. The decree obliges ministries and government institutions to provide necessary facilities for trade at ports, crossing points, and highways, as well as to treat private sector members with respect, and to prioritize national products.

Honorable Mr. Alhaj Azizi, elaborating the facilities offered by the government to the private sector, the developments made in industrial sector, and the benefits presented to returning traders and industrialists; also pointed out efforts related to supporting private sector and attracting investments, which includes reviewing laws, establishing an investment desk under the Economic Deputy, as well as a facilitation desk within the Administrative Office of the government, and an Investment Affairs Directorate within the Ministry of Industry and Commerce.

Further in the event, the Acting Minister of Energy and Water honorable Mr. Mullah Abdul Latif Mansoor; Acting Minister of Economy honorable Mr. Qari Din Mohammad Hanif; and the Deputy Minister of Agriculture, Irrigation, and Livestock honorable Mr. Mawlawi Sadr Azam Osmani, provided information on investment opportunities within their respective sectors. Representing the private sector, member of the Board of Directors of Afghanistan Chamber of Commerce and Investment Mr. Khan Jan Alokozai, and President of Herat Chamber of Industries and Mines Mr. Hamidullah Khadem, also addressed the gathering.

The event concluded with presentations by relevant institutions on investment opportunities in industry and commerce, agriculture, mining, energy, transportation, aviation, and electricity sectors.

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