Breaking News
Contract For Management Of Afghan Airports Signed With A UAE Firm
...
Afghan Companies Participate in Pakistan 2022 International Exhibition
...
Taliban Bans Export of Wheat
...
Afghanistan’s Mining Revenue Reaches 10bn Afghanis
...
Kotal e Takht Industrial Park Inaugurated in Maidan Wardak
...
India Extends Special Pest Control Exemption for Afghan Agricultural Products
...
Afghanistan to build a modern print factory to print own money

Afghanistan is going to establish a modern Sukuk printing company, which enable it to print its own money, in a joint investment with Germany.
The company will be built in Jangalak industrial township in southwestern Kabul.
Afghanistan and Germany will provide 70 million Euro for the establishment of the project.
“It will be built on 22 acres of land and equipped with modern technology allowing the Afghan government to print financial certificates,” said Mohammad Ibrahim Shams, Chairman of the General Directorate of Enterprises and Government Companies.
Set up during the reign of King Zahir Shah, Jangalak township was once Afghanistan’s largest industrial site. It was home for major industries including metal production and electronics. The years of wars in Afghanistan has left the township in ruins.
Afghan economists have urged the government to rehabilitate the Jangalak factory to help revive the country’s deteriorating economy.
Related Articles
Afghan-American Naim Ismail Charged with Ponzi Scheme Targeting Afghan Bank in USA
Naim Ismail, 60, a native of Afghanistan and a United States citizen, was arrested last week in Los Angeles in
China’s involvement in Afghanistan to remain largely commercial
China is believed to emerge as a strategic player in Afghanistan after the withdrawal of US troops. This has annoyed
An Afghan man invents a theft detection device
An Afghan man named Mohammad Hanif Maulavi has invented a theft detection device that informs the owner of the car