Germany funds infrastructure projects in Northern Afghanistan

in Afghan Business

Germany funds infrastructure projects in Northern Afghanistan

The German KfW Development Bank signed has agreed to provide nearly AFN 3 billion to fund regional infrastructure projects in Afghanistan.

The money will feed into the Regional Infrastructure Development Fund (RIDF) which was established in 2010.

The RIDF finances infrastructure projects such as roads, irrigation canals, flood protection walls, power lines and schools in Badakshan, Takhar, Kunduz, Baghlan, Samangan and Balkh provinces. These investments considerably improve people’s quality of life in Northern Afghanistan as effects of natural disasters are mitigated, and inhabitants of rural and urban areas have better access to markets, hospitals and schools.

“Infrastructure is an integral part of our development initiatives. Our infrastructure needs are tremendous. Therefore, we must invest in infrastructure to create economic development, reduce unemployment and to improve living condition in rural areas,” Shafiq Qarizada, the Deputy Minister of Finance said.

Another important scope of work of the RIDF is capacity development for government institutions responsible for infrastructure projects. The fund provides on-the-job trainings as well as specialized courses which allow provincial department employees to enhance their skills to prepare and implement medium sized infrastructure projects. Such expertise strengthens the Afghan government’s capacity in implementing development projects.

So far, the German government, via KfW Development Bank, has paid AFN 5.7 billion into the fund. With the new financial agreements, this amount will increase to AFN 8.5 billion. Since 2010, 33 infrastructure projects have already been successfully implemented, including 180 kilometers of roads.

The RIDF is commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ), funded through KfW Development Bank, and implemented by Joint Venture Grontmij-GOPA-INTEGRATION, in partnership with the Afghan Ministries of Finance, Economy, Energy and Water, Rural Rehabilitation and Development, Education, Public Works and various provincial institutions. RIDF allows financial resource allocation by the respective Provincial Development Committees on provincial level, realizing proposals of their provincial line departments.



Related Articles

Afghan government focuses on construction of hydroelectric dams

The National Unity Government (NUG) looks to domestic sources of Afghanistan to achieve power sustainability. Economy Minister Abdul Sattar Murrad

Afghan traders unable to pay Karachi Port Demurrage

The Pakistani government has demanded a demurrage of USD 185,000 from each Afghan company, whose goods are halted at Karachi

Afghanistan Exports $47mn Worth of Figs This Year

Afghan Ministry of Agriculture, Irrigation and Livestock (MAIL) said that Afghanistan has produced about 25,000 tons of figs this year.

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.

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 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