Business
Foundation Stone of 6 Production Factories laid in Kabul
President Mohammad Ashraf Ghani who has attended in laying the foundation stone of the six production factories in Kabul city has said that Afghanistan won’t reach to a Independent political stability unless its economic independent stability is met.
He said,” Afghanistan should be changed into big exporter country, and the level of the its export and import should be the same.”
Alkozai group of company has invested $ 300 million in Afghanistan, laying the stone foundation of the second Surubi power dam is the second economy project which its memorandum of understanding was signed between the Government of Alkozai Company.
Further President Ghani went on and said,” We have always defend from our country, the main problem for the Government is the economy issue, I insist that Afghanistan to become an exporter country, we need to maintain the balance of the exporting and importing.”
The six production factories will produce first aid and foods.
Minister of Urban development and housing Sayed Mansour Saadat Nadiri said,” $ 300 million is the biggest investing act in the country, by launching the following factories it will create 2000 jobs opportunities and indirectly thousand others will be benefited.”
Members at Alkozai group of company have stated that efforts are underway to inaugurate the factories by coming 2018 in the country.
Representative of Alkozai Company Khaybarullah Arefi said,” we have invested $300 million over producing of cold drinks, chips, biscuits, Tissue paper.”
During the signing of the memorandum of understanding on investing in the second electricity dam of Surubi Minister of Water and Electricity Ali Ahmad Osmani said,” this is the second biggest economy project launched by the Alkozai Company.
Reported by Ahmad Farshad Saleh
The Ministry of Interior said the governor of Herat province Islam Jar met with Alim Khan Yasin Gildaye, Ambassador of Kazakhstan to Afghanistan, to discuss various issues around trade.
According to the ministry, the two sides discussed the expansion of trade facilities, increasing the volume of trade exchanges between traders of the two countries, reducing customs tariffs, solving the challenges of traders and issuing visas to them.
The Afghanistan-Kazakhstan Chamber of Commerce has been opened in Herat in order to facilitate and increase trade between the two countries.
The Ministry of Industry and Commerce (MoIC) says Afghanistan has reached self-sufficiency in 45 sectors and the production of 133 items, and that the ministry is striving to change Afghanistan from an importing country to an exporting one.
The ministry officials said that for this purpose, supporting domestic products and attracting investment is essential.
The ministry’s spokesman Abdul Salam Jawad Akhundzada emphasized increasing the use of domestic goods and products in government and national projects and added that efforts have also begun to find a market for domestic products inside and outside the country.
“We have reached self-sufficiency in 133 items of production, which is 45 sectors, and also we reached the capacity of semi-self-sufficiency in 95 items of production, which is 27 sectors,” he said.
Meanwhile, the Chamber of Industries and Mines (ACIM) says over the past two and a half years, more attention has been paid to the development of domestic production and it is also expanding.
The chamber officials stressed expanding the culture of using domestic products in government projects.
“I think that the government is one of the biggest consumers in the market if it uses domestic products in all its development projects,” said Abdul Nasir Rashtia, a member of ACIM.
Economic experts also said that if the use of domestic products in government projects increases, Afghanistan will quickly move towards economic independence.
Da Afghanistan Bank (DAB) announced Monday that online exchanges are banned and legal action will be taken against anyone who violates the order.
DAB said in an announcement that it has not issued any license to any person or company to operate an online exchange, because such activities are illegal.
“Da Afghanistan Bank requests our dear compatriots to refrain from online exchange transactions due to the risks, damages and subsequent consequences of these transactions,” it said.
DAB added that the issue has been shared with intelligence and security institutions and legal action will be taken against violators.
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