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$94.3mn housing project inaugurated in Kabul

in Afghan Business

$94.3mn housing project inaugurated in Kabul

Afghanistan’s major housing project, Khwajah Rawash, was officially inaugurated by President Mohammad Ashraf Ghani and Urban Development Affairs and Housing Minister Syed Sadat Mansoor Naderi  in capital Kabul on Friday.

The USD 94.3mn project has been implemented over an area of 40 hectares over a  period of 4 years.

Financed by contribution of the people with advance payment scheme and the government, the project includes 78 residential blocks and 2,104 apartments.

Addressing the inaugural ceremony, Minister Naderi highlighted the achievements of his Ministry over the past one year.

The Ministry has obtained the commitments of China and UAE to build 10,000 and 1,000 housing units, respectively, in the capital and other provinces of the country.

Minister Naderi hopes to launch the construction of these units till end of the year.

He has also inked an MoU with a Qatar organization for the construction of 1,000 housing units.

Moreover, the Ministry has completed affordable housing scheme plan for the Afghan forces and the Khushal Khan housing projects. It plans to construction 20 townships for teachers in various provinces and ascertain land for 3,000 housing units in Takhar.

Naderi also highlighted some of the challenges facing his Ministry, such as, corruption, lack of a proper economic and technical study of the projects, lack of proper infrastructure, major budget deficit and lack of an accountable administration.

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