English | دری

US Contributes $105 Million to Asian Development Bank Infrastructure Fund for Afghanistan

in Afghan Business

US Contributes $105 Million to Asian Development Bank Infrastructure Fund for Afghanistan

 AITFThe U.S. Agency for International Development (USAID) has contributed $105 million to the Afghanistan Infrastructure Trust Fund (AITF) to date. Established in 2010, the AITF is a multi-donor trust fund administered by the Asian Development Bank to coordinate donor assistance for infrastructure projects in Afghanistan. The U.S. Government is one of the largest contributors to the AITF, with $417.6 million planned for energy infrastructure.

 “U.S. government’s contribution to this fund is just one example of our long-term commitment to supporting Afghanistan’s development. Our partnership with the Asian Development Bank provides an important mechanism for improving the lives of the Afghan people and driving Afghanistan’s economic growth,” said USAID Mission Director William Hammink.

Of the $417.6 million the U.S. government has planned for the AITF, approximately $288 million has been designated for the completion of the Kabul to Kandahar transmission line from Ghazni  to Kandahar, including five substations. This line will enable DABS to import lower-cost power to Southern Afghanistan and provide electricity to many communities that currently do not have access to the power grid.

Other contributors to the AITF also include the governments of Japan and the United Kingdom.



Related Articles

Safi Airways to operate 3 flights a week between Kabul and Islamabad

Safi Airways plans to operate a modern Airbus 319 on its Kabul-Islamabad route, offering three flights a week. The flights

Japan to reconstruct the Kabul International Airport

Afghan Ministry of Transport and Aviation signed the contract on reconstructing the Kabul International Airport with Japan’s ambassador to Afghanistan.

ESCAP holds conference on improving Afghanistan’s trade ties with Central Asian countries

A crucial regional economic conference was held in the city of Almaty in Kazakhstan to confer on Afghanistan economic and

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Your e-mail address will not be published.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.