International companies interested in investment in Afghanistan
The Islamic Emirate leadership has informed that foreign companies have shown interest in investing up to $10 billion in Afghanistan. The Deputy Prime Minister Office for Economic Affairs has informed that foreign big companies are interested in investing up to $10 billion in Afghanistan.
In a statement released recently by the office of the Deputy Prime Minister for Economic Affairs said that with the end of the invasion in Afghanistan and the re-establishment of the Islamic Emirate (IEA), a number of top foreign companies have shown interest in investment in the country. Meanwhile, since the re-establishment of the Islamic Emirate in mid-August 2021, the ground has been provided for major international companies to invest in Afghanistan as some companies have stepped to invest in the country. According to reports, some top foreign companies are ready to invest up to $10 billion in Afghanistan, the statement stressed. Some five big international companies have already announced their readiness to invest in various fields as mines, agriculture, electricity, transportation, enterprise, building customs, providing services in airports, transit, building industrial towns, and the railway. According to the statement, these companies have also experienced investing in neighboring countries, particularly in the Arab world.
Meanwhile, Mohammad Younis Momand, head of the Afghanistan Chamber of Commerce and Investment (ACCI), by confirming the news about new investment in Afghanistan considered the country’s mines sector as the key sector for foreign companies’ investment.
“Most foreign companies are interested in investing in Afghanistan’s mines sector,” Momand said, adding that the only services that need to be provided for foreign companies are facilities in the banking system through which they invest.
He added that Afghanistan was still facing with some problems in banking and transferring money to other countries, saying that security has improved in the past 19 months across the country; therefore, regional countries particularly the Arab world can invest in Afghanistan’s various sectors.
Since the Islamic Emirate (IEA) takeover in mid-August 2021, Chinese companies have invested in Afghanistan as one of the Chinese top companies has signed a contract with the IEA for the extraction of oil and gas in the country’s northern provinces.
Meanwhile, the people of Afghanistan by welcoming the investment of foreign companies in Afghanistan said that the only hope for a better future in Afghanistan is the investment in the country’s mines sector. They say with the investment of foreign companies in the country’s mines, more people will be employed and get the opportunity to work and make money. There are hopes that foreign companies increase their investment in the country. The investment process will be accelerated when the world recognizes the Islamic Emirate.