English | دری

Insecurity hinders business growth in Afghanistan-reports ACCI

in Afghan Business

Insecurity hinders business growth in Afghanistan-reports ACCI

insecurityAccording to a recent survey conducted by the Afghanistan Chamber of Commerce and Industries (ACCI) in Balkh, Kabul and Kandahar, security issues remain to be the main cause of lackluster economic activity.

The survey evaluated nine indexes including customs, taxation, biddings, registration and extension of licenses, basic infrastructure, insecurity, status of women and access to financial resources.

ACCI Chairman Mohammad Qurban Haqjo said security and infrastructure were the main issues affecting economic activity in Afghanistan.

Haqjo added that some government bodies have begun taking measures to address the issues.

Da Afghanistan Breshna Sherkat (DABS), Afghanistan’s state-owned electricity company, has plans to improve infrastructure.

“We are working on number of important projects to provide enough electricity to industrial parks,” Tolo News quotes Mirwais Alimi, DABS Chief Commercial Officer. “A 500 kw electricity line would be extended from Turkmenistan and the completion of the CASA 1000 project will help Kabul to get rid of electricity load shedding. It will be completed by 2017.”

Deputy Minister of Commerce and Industries Muzamil Shinwari said his Ministry had formulated comprehensive measures and had discussed issues with the Ministry of Finance.

Related Articles

Afghan government must standardize mining activities

The recent mining accident in Samagan was as a result of the non-standard mining activities that are carried out, said

An exhibition of Afghanistan’s economic achievements to be held in Dushanbe

A delegation of the Afghanistan Chamber of Commerce and Industries (ACCI) met with the Tajikistan Chamber of Commerce and Industries

175 development projects implemented in Laghman province

Under the Maintenance Cash Grant (MCG) Initiative of the National Solidarity Program (NSP), 175 development projects have been implemented in

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Your e-mail address will not be published.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*