Contract for Kabul’s largest-ever residential scheme signed

in Afghan Business

Contract for Kabul’s largest-ever residential scheme signed

new KabulThe USD 1bn contract for New Kabul City plan was signed between New Kabul City Independent Board and an international consortium, led by an American corporation with partners from Canada, the United Arab Emirates (UAE), Australia, Germany and Afghanistan.

The scheme will be implemented in Deh Sabz district north of Kabul over 185,000 acres of land.

Initiated by the Japanese International Cooperation Agency (JICA) in 2006, the project is the country’s largest-ever residential scheme that would accommodate 1.5mn residents of Kabul, where 4.5mn people are currently residing.

The signing of the contract will kick off the first phase of the project.

Deputy Chairman of the board, Ghulam Sakhi Hassanzada, said more than 6,000 housing complexes with facilities for 40,000 people would be constructed, allowing job opportunities for 7,000 people.

The project will be handled by a group of engineers and professionals from different countries, said the consortium director Riffat Bashir Ludin.

The total cost of the project is estimated to be USD 80bn.



Related Articles

A newly asphalted road inaugurated in Ghor

Afghan Public Works Ministry inaugurated a newly asphalted road in Chaghcharan, capital city of Ghor. The 13-km long and 8-m

3G License Awarded to MTN

The Third Generation (3G) license worth USD 25 million (1.2 billion afs) was awarded to MTN telecommunication company by the

Afghan government’s revenue drops by 8% in 2014

Afghan Finance Ministry recorded 109bn AFN in 2014 revenue, while the target for revenue collection had been set 132bn AFN.

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Your e-mail address will not be published.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*

cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china