English | دری

US firms willing to invest in Afghanistan

in Afghan Business

US firms willing to invest in Afghanistan

The 8th Annual US-Afghanistan Business Matchmaking Conference (BMC) was held in Washington D.C. from 02 December to 04 December.

The Conference was built on the successes of the previous conferences, which have provided many opportunities for Afghan firms to learn about U.S. companies interested in doing business in Afghanistan and for American firms to learn about the realities of business in Afghanistan.

Attended by top Afghan and US companies, the Conference was aimed at providing opportunities for leader among Afghan executive to meet their counterparts in U.S. business to discuss mutual activities.

Addressing the 8th Annual Conference, Deputy Assistant Secretary Holly Vineyard said the US government and the country’s private sector is committed to stand with Afghanistan and assist Afghans with building a sustainable and strong economy, adding that American companies can offer Afghanistan much needed management experience, technology and investment.

As Afghanistan has entered the transition period, there is greater emphasis on the role of the private sector.

“In an era of transitioning out of heavy military engagement to a more civilian-supported economy, the central role of the private sector to create sustainable wealth, products and services and jobs for the Afghan people cannot be overestimated,” said Sulaiman Lutfi, board chairman of the Afghan American Chamber of Commerce.

 Afghan Commerce and Industries Minister, Anwar-ul-Haq Ahadi, said Afghan government has taken series of steps including tax holidays or accelerated depreciation to investors to make the country an attractive haven for investment.

This year’s Conference wsa held in cooperation with Afghanistan Chamber of Commerce and Industries (ACCI); Afghanistan Builders Association (ABA); Afghan Business Council-Dubai (ABC-Dubai); the Afghanistan Investment Support Agency (AISA); the Embassy of Afghanistan in Washington, D.C.; U.S. Department of States; U.S. Department of Commerce; U.S. Department of Defence and other U.S. and Afghan business and governmental leaders.

Related Articles

Salma Dam to be completed by mid-2016

The Salma Dam located in western Herat province is expected to be completed by mid-2016. The major dam passed a

Businessmen sign $2mn contracts in Afghan-Iran economic exhibition

Afghan and Iranian businessmen signed contracts worth USD 2mn during the 2nd Afghanistan-Iran joint economic exhibition held in Mazar-e-Sharif, Afghanistan.

New 1 pound coin is believed to be the world's most secure coin

The new 1 pound coin, slated for launch in 2017, is regarded as the most security coin in the world

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.