Breaking News
Kabul explosion inflicts a financial loss of $10mn
...
Leading Afghan female entrepreneur Kamela Sediqi appointed as Deputy Minister of Commerce
...
USAID provides $20mn for food security of vulnerable Afghans
...
A military base in Helmand is being turned into economic zone
...
German funded Kunduz-Khum Highway project inaugurated
...
System computerization has helped boost Nangarhar’s custom revenue
...
Afghanistan to review its Investment Law
The Afghan Ministry of Commerce and Industries (MoCI) said Wednesday that the Investment Law would be reviewed this year to encourage and attract further investment.
According to the ministry, over USD 1.7bn was invested in various sectors including USD 806mn in energy, USD 410mn in industry, USD 68mn in construction, USD 58mn in mining and over USD 20mn in agriculture.
Ministry’s spokesperson Humayun Rasa said the Investment Law would be reviewed this year to improve investment climate.
This comes as Afghanistan was ranked 1st among 120 Asian countries for its investment plan. Afghan Minister of Commerce and Industry received the award at the Annual Investment Meeting in Dubai.
Related Articles
Pakistan to initiate transit trade from its land
Pakistan has decided to open its land routes for transit trade as per an international agreement signed in December in
Mine revenue in Badakhshan down by 90% in past 2 years
Revenue from mining industry in northeastern Badakhshan has plummeted by 90% in the past two years. The provincial mines department
Uruzgan to witness its first-ever mega uplift project
A contract for the construction of a 20km road was signed between Public Works Minister Najibullah Awzhan and a local
