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Finance ministry drafts law on investments

Finance ministry drafts law on investments

Jan 01, 2013 - 21:30

 KABULinfo-icon (PANinfo-icon): The Ministry of Finance on Tuesday said it had drafted a law to facilitate investments in the country over next two years. The draft is being sent to parliament for approval in a month.

Advisor to the ministry, Najibullah Manalai, told Pajhwok Afghan News the proposal, if approved, would help boost small industries, export of domestic products and encourage traders to build cold storages and buildings for agricultural product exports.

Under the proposed law, he continued,  investors could use public property free of cost and benefit from industrial parks.

He said investors would be leased out government land for a long time under the proposed law, besides bank loans and cheap electricity.



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