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Ghani rolls out red carpet for Indian investors

Ghani rolls out red carpet for Indian investors

Apr 29, 2015 - 20:27

KABULinfo-icon (Pajhwok): President Ashraf Ghani on Wednesday assured Indian business community of his government’s full support if they invested in Afghanistaninfo-icon.

A statement from the Presidential Palace in Kabul said President Ghani, who is New Delhi on a three-day visit, met with a joint-delegation of Indian and Afghan businessmen.

Ghani informed Indian investors about good investment opportunities in Afghanistan, saying much facilities, incentives and security would be provided to those interested.

“If investors feel some officials are expecting them to pay bribe, they can contact me and I will personally make it sure they are fired,” he said, adding that with investment in Afghanistan, Indian traders could find access to Central Asian markets.

Ghani said Afghanistan had subsoil assets worth $3 trillion and Kabul had the potential to become one of the worldinfo-icon’s biggest copper exporters. “Besides scenic geographical locations, our country is also rich in natural resources.”

Regional countries could not connect to each other economically without Afghanistan, he concluded.

Indian media reported that President Ghani offered Indian investors incentives like personal meetings and palace stays, while giving an assurance that nobody was going to “shake them down” in the war-ravaged country.

“We want to assure you that if you invest in Afghanistan, nobody is going to shake you down. Come to us. Anyone who is investing more than $ 50 million will be able to have a private discussion with me. Anyone who is willing to put $ 200 million will get to stay at our ancient palace," he said.

"Our first priority with you is to arrive at a cluster approach for development of infrastructure," the President said, adding that "Afghanistan has the potential to generate at least 26,000 MW of electricity from hydro power".

Promising to remove all obstacles to investments, Ghani said, "On the visa regime I have instructed our embassy to facilitate. Multiple visas will be at the disposal of any businessperson that wants to invest in Afghanistan".



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