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Kabul offering incentives for investment in Afghanistan: Deputy PM

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The political deputy of the PM, Mawlawi Abdul Kabir, in a meeting with some businessmen and investors, urged the transfer of investors’ assets to Afghanistan.

The political deputy of the PM said that the Islamic Emirate is attempting to facilitate investment in the country.

“Afghans who have invested abroad, we ask them to come to Afghanistan and invest inside Afghanistan, the benefit is high, the tax is low, and jobs will be provided for Afghans,” said Mawlawi Abdul Kabir.

The Deputy Prime Minister’s Economic Office said in a statement that dozens of domestic and foreign companies have requested to invest up to $10.6 billion in various sectors in the country.

The Chamber of Commerce and Investment said that to attract investments, the Islamic Emirate needs to be recognized by the world so that Afghanistan’s relations with the world will improve.

“We cannot accept all the legal demands on our neighbors because there is a legal gap that our country must recognize,” said Khanjan Alokozai, a member of the ACCI.

Afghanistan’s consumption level is extremely low, and in fact, the demand for consumption in the market is low, and this is mainly because there is less work, the number of unemployed women is 24% of the GDP…,” said Sayed Masoud, an economist.

Earlier, the acting Minister of Industry and Commerce told TOLOnews that Afghan investors have invested 150 billion dollars in Turkey and the United Arab Emirates alone.—Tolo News

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