Business
Residential Towns to House Refugees, Carpet Weaver Will be Built
The contracts of residential towns to house Afghan refugees coming from Pakistan states and the carpet weaver to grow their industry were signed by the Governmental officials at the Presidential palace on Monday.
The officials have claimed that the residential towns will house more than million people where part of the towns has been specialized for the Afghan refugees returning from Pakistan back to the country.
Head of the Independent Directorate of Lands Mohammad Jawad Paikar said,” The towns which will be built will house 110 thousand people directly and 1,5 million people indirectly where 10000 Afghan refugees places has been specialized.”
Officials have declared the aim of the following program to grow Carpet weaving industry in the country and housing the migrants returning home.
“ 9000 acres of lands will be given to which will help carpet weavers to reside and grow their industry $ 200 million will be invested to circle the economy of the country Minister of Urban and Housing Sayed Saadat Mansour Nadiri said.”
Head of the carpet weaving industry stated that we have experienced lots of ups and downs in the past years.
Head of the carpet weaving industry Asmatullah Batour said,” Carpet weaving industry is mostly run by the Afghan women but they still live in poverty.”
The following construction projects will be implemented at first in Nangarhar, then Balkh, and Kunduz provinces along the Industrial parks for growing the carpet weaving industry.
Reported by Hayat Bais
Business
Commerce ministry inks 10 MoUs to boost development of small and medium-sized businesses
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.
Business
Export volume totals over $140 million in last month of 1402
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.
Business
Afghanistan-Kazakhstan chamber of commerce opens in Herat
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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