English | دری

China to undertake the second biggest housing project in Afghanistan

in Afghan Business

China to undertake the second biggest housing project in Afghanistan

People’s Republic of China has announced to build 10,000 apartments in Kabul, which is the second biggest housing project in Afghanistan after the assistance of former Soviet Union.

Afghan Minister of Urban Development Affairs and Housing, Sayed Sadat Mansor Naderi, said the apartments would be given to government officials on long-term installments.

“These apartments would be provided to government officials, who do not own houses. This project would be a big stride towards institutionalization of the concept of ‘affordable housing’. It will address the problem of homelessness and will improve the living condition of the people,” said Minister Naderi.

He added that his Ministry in coordination with other institutions would come up with a system to provide residential units to people, who cannot afford buy houses, by offering cheap and long-term installment.



Related Articles

IMF’s new loan for Afghanistan, talks to begin later in May

The International Monetary Fund’s management has welcomed Afghanistan’s request for financial support. The talks on the loan will be discussed

New bill designed to encourage investment in Afghanistan

Afghan Ministry of Finance has drafted a bill incorporating financial incentives aimed at increasing investment in Afghanistan in the next

DABS to operate three renewable power schemes in Takhar province

German Government officially handed over three renewable power schemes in Takhar province to Afghanistan’s Ministry of Energy and Water on

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.