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Investors optimistic about future, finds ACCI survey

Investors optimistic about future, finds ACCI survey

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Jan 31, 2015 - 15:40

KABULinfo-icon (Pajhwok): Around 80 percent of investors in five major provinces have complained of insecurity while another 77 % expressed reservations about the overall infrastructure in Afghanistaninfo-icon.

A survey by the Afghanistan Chambers of Commerce and Industries (ACCI) revealed on Saturday optimism had surged in the business community with regard to future improvement in trade and commerce.

Up to 1,200 companies, ranging from big to small, were interviewed in the survey by ACCI in Kabul, Herat, Balkh, Kandahar and Nangarhar provinces.

Atiqullah Nasrat, ACCI chief executive, told journalists it was the fourth survey carried out in several provinces during the last two years.

He added investors had shown optimism about the future of investment but the main challenges they faced were shortage of electricity and land.

Around 32 percent of the investors expressed optimism about businesses in the near future, while five months back the figure was only 0.8 percent, he remarked.

“Despite lack of practical support to investors, they are still optimistic about the future,” he added.

Around 80 percent of investors called the tax system complex and unclear. At least 75 % complained about lack of infrastructure and 41 % about the shortage of skilled labourers.

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