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Afghanistan’s new unity government to serve as a green signal for investors

in Afghan Business

IndustryAfghanistan’s industrialists are optimistic about the formation of the new unity government and believe it might boost foreign investment.

Addressing a press conference in Kabul on Saturday, Deputy Head of the Afghanistan Association of Industrialists (AAI) called on the new government for more focus on the industrial sector.

Abdul Jabar Safi said Afghan industries producing beverages, marbles, dairy products, furniture and plastic products have managed to achieve self-reliance.

He cited lack of loans, skilled works and a proper economic policy as the main challenges to industrial growth in the country.

He urged the new government to reduce electricity tariff for the industries, establish markets for Afghan products and make loans more accessible.

In the meantime, Interior Ministry spokesperson Siddiq Siddiqui said the government would ensure security of all industrial parks.

The industrialists have attached hope to the new government and have expressed optimism that the truce between Ashraf Ghani and Abdullah Abdullah would serve as a green signal for foreign investors.

There are currently about 245,000 people working in five industrial parks across the country. The industries have achieved self-reliance in producing 22 products.

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