Pajhwok Services

SMS News Service

Photo Service

Election Coverage

Special Mining Page

Afghan Peace Process Special Page

Addvertise With Pajhwok

Daily Newsletter

Sending Time (GMT / Kabul time)

Suggest a Story

Pajhwok is interested in your story suggestions. Please tell us your thoughts by clicking here.

AISA seeks $202m in aid for industrial parks

AISA seeks $202m in aid for industrial parks

Feb 28, 2013 - 21:37

KABULinfo-icon (PANinfo-icon): The Afghanistaninfo-icon Investment Support Agency (AISA) on Thursday sought $202 million (10 billion afghanis) in financial support from the international community to construct industrial parks in Afghanistan.

AISA chief Wafiullah Iftikhar made the call at a meeting with representatives of donor agencies and foreign embassies in Kabul.

After the meeting, Iftikhar told reporters the proposed assistance would be used to create new industrial parks in Kabul, Nangarhar, Balkh, Herat and Kunduz provinces and reconstruct the existing ones.

“So far we have received no pledges of assistance, but I hope the international community would come up with aid for the sake of Afghanistan's economic development,” he said.

The proposed industrial parks over 1,499 hectares of land would attract $ 2.8 billion in investment and provide work opportunities for 200,000 people, Iftikhar hoped. 

He identified the lack of electricity and industrial parks as key factors challenging foreign investment in Afghanistan. More industrial parks would bring more investment and strengthen the private sector, he said.  

To a question about the post-2014 environmentinfo-icon, he said despite security problems, foreign investors came to Afghanistan and they would continue to do so even after foreign troops left the country.



Related Article

Download “Pajhwok” mobile App, on your smartphone to read and access latest news, features, interviews, videos and photos about Afghanistan.


Add new comment



Twitter Update