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Afghanistan’s political impasse hits construction projects

in Afghan Business

Afghanistan’s political impasse hits construction projects

constructionThe prolonged election process has hit the nation’s housing scheme, said Ministry of Urban Development (MoUD) official.

In an exclusive interview with the Pajhwok Afghan News (PAN), MoUD Deputy Minister Eng. Mohammad Akbar Ahmadi said various projects were underway through Public-Private-Partnership in Kabul, Balkh, Nangarhar, Kunduz, Khost, Badakhshan, Kandahar and Herat provinces for constructing residential buildings and then selling them at affordable prices to deserving families.

He added implementation of the projects had been stalled due to delays in the election process.

According to Ahmadi, the decision to suspend execution of the projects was made by the Council of Ministers.

The decision came after the private sector had planned to invest USD 500mn in the construction of residential buildings, but uncertainty concerning Afghanistan’s political situation weakened the investors’ confidence.

He added the ministry had 97 strategic plans and seven master plans for big cities to be launched during the ongoing year.

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