Breaking News

19 productive factories foundation laid in Kabul

(Last Updated On: November 18, 2015)

vlcsnap-2015-11-18-08h37m22s246

 Officials in administration of investment Support Agency have laid the foundation of 19 productive factories in the capital city of Kabul on Tuesday.

Officials in AISA have said,” domestic production will be increased when the following factories are active.”

Juma Mohammadi industrial park is located in the capital Kabul city where dozens of industrial factories are active producing different domestic goods for Afghan Nation.

Head of the AISA Mohammad Qurban Haqjo said,” in the following 19 industrial factories 100 $ million will be invested and it will produce electronic instruments, and food items.”

5 factories will produce food items as you all know we import more than 1 $ billion food items from abroad annually Head of AISA Haqjo added.

Further he has mentioned that by inauguration of the factories hundreds of jobs opportunities will be created for Afghans.

However some of the investors have criticized the Government acts towards them.

Head of the Private sector Union Sherbaz Kaminzada addressed that there are three serious problems where we face with Nation do not use the domestic production, insecurity have tightened our hands to expand our activities, and some of the laws where slows down our activities.

Based on the estimation of the Administration investment support agency there are 8 industrial parks which are located in different parts of the country where most of them are suffering from power shortages which is declared as serious challenge.

About Ariana News

Check Also

Four Countries Hold Talks in Abu Dhabi over Afghan Peace Process

(Last Updated On: November 15, 2018)Representatives of Afghanistan, United States, Saudi Arabia, and the United …