04:04 am - Thursday 18 September 2014

Afghans posses the ability to compete with foreign products: CIPE

Wed Mar 28, 1:44 pm

Insecurity, corruption and lack of land are the main factors preventing the development of private enterprise in Afghanistan.

The officials of Center for International Private Enterprise (CIPE) said that once these problems are resolved, Afghan entrepreneurs will compete against foreign producers.

Muhammad Naeem, a CIPE representative, said during a meeting that, “insecurity, corruption and lack of land serviceable land for their project are their main problems preventing faster development in Afghanistan”. The meeting was held at the Research and Policy Centre of Kabul University and was attended by representatives of government institutions.

Investment would be developed and employment opportunities would increase if they are provided with the necessary basic services, he added.

Meanwhile, Mr. Mutasel Komaki, official of trade and commerce ministry said, “trade and industries are improving in Afghanistan and the ministry has taken measures to solve private sectors problems”.

According to Mr. Komaki, over 2, 000 land plots have been distributed in a number of industrial parks around the country. Manufacturing works has already started in some of these plots and the works of many others are under progress, he added.

The high cost of rental homes and commercial goods imported from foreign countries are the main reasons more production doesn’t occur to help domestic production.

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