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Insecurity, Lack of Capacity Main Challenges Against Implementation of Projects: MoE

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(Last Updated On: October 24, 2022)

ECO 16__03__2017__DARI__SOT.mpg_snapshot_00.37_[2017.03.16_18.21.03]Afghan minister of economy in the first Scoping Study of Construction Sector Transparency Initiative has said that insecurity, lack of enough capacity, shortage of sources are the main challenges against monitoring and implementation of construction projects.

Abdul Satar Murad, minister of economy noted that the procurement reforms and capacity development in the construction sector is still in its infancy and there is a strong need to grow it.

“The procurement reforms and capacity development need to grow. Parallel structures of donors and delay in payment of construction projects and monitoring and evaluation carried out by various organizations are still ineffectively carry out,” said Abdul Satar Murad, minister of economy.

Meanwhile, chairman of the Construction Companies Union calls for simplifying the process of procuring construction projects by the government.

“The law that implement on construction sector should be the same on government too,” said Naeem Yasin.

According to statistics, the global value of construction projects till 2025 will be increased by 15 trillion.

By Lida Neyazi

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Commerce ministry inks 10 MoUs to boost development of small and medium-sized businesses

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(Last Updated On: April 19, 2024)

The Ministry of Commerce and Industry said Thursday it has signed cooperation agreements with ten institutions to support the development of small and medium-sized enterprises.

Nooruddin Azizi, Acting Minister of Commerce and Industry, said: “In the implementation of projects, we must pay special attention to our activities and actions and try to make useful use of the projects according to the requirements and benefit the beneficiaries.”

These ten institutions are to present their projects, the total value of which is around over $1.1 million. The projects will be carried out in Kabul, Baghlan, Ghor, Herat, Logar, Nangarhar, Balkh, Badakhshan and Jawzjan provinces and provide direct jobs for about 1,000.

To date, the ministry has signed MoUs for 72 projects in total, collectively valued at about $53.6 million.

These agreements have been signed with domestic and foreign companies for the establishment of small and medium-sized businesses.

In accordance with the principles and laws of the Islamic Emirate and prioritizing the implementation of projects for immigrants and returnees and internally displaced people, the ministry said 635,865 people will benefit through jobs directly and over 4.3 million will benefit indirectly in 25 provinces once these projects are implemented.

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Export volume totals over $140 million in last month of 1402

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(Last Updated On: April 17, 2024)

The National Statistics and Information Authority (NSIA) confirmed Tuesday that in the last month of solar year 1402, (March 2024) Afghanistan’s exports totaled $141.1 million and imports totaled $789.6 million.

This was down from $174 million for exports in the same period in 1401. However, imports increased by $99.2 million in 1402, up from $690.4 million.

Most exports in the last month of 1402 went to Pakistan, India and the United Arab Emirates, while in the last month of 1401 exports went to Pakistan, India and China.

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Afghanistan-Kazakhstan chamber of commerce opens in Herat

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(Last Updated On: April 15, 2024)

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.

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