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Square meter land costs 50afs at Herat Industrial Park

Square meter land costs 50afs at Herat Industrial Park

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Jan 13, 2019 - 17:59

HERAT CITY (Pajhwok): The distribution of land in the fourth phase of the industrial park in western Herat province has been launched, the Ministry of Commerce and Industries said Sunday, offering each square meter land to investors against 50 afghanis.

Zohurruddin Sherzad, the deputy commerce and industry minister, who visited Herat province, said budget for the fourth phase had been finalized and practically work would be kicked off after the distribution of land next solar yearinfo-icon. He said the distribution of land in the fourth phase to investors was underway.

Ali Aqa Murtazavi, head of the industrial park, said: “The price of land in all industrial parks has been approved by the Council of Ministers as 50 afghanis per square meter.”

He added 400 acres of land was being distributed in the fourth phase to attract investors.

Meanwhile, Balkh Chamber of Commerce and Industry hailed the government’s decision of reducing the price of land in the industrial park for investors.

Hameedullah Khadem, the chamber president, said investors’ needs and demands in the industrial park were being evaluated.

“The process of land distribution has recently kicked off and we are hopeful for a fair distribution of plots to investors.”

nh/ma

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