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Indian investors enthusiastic about investing in Afghanistan

in Afghan Business

Indian investors enthusiastic about investing in Afghanistan

afg-indiaAt the “2nd Conference of Indian Investors” held in Kabul, Indian investors expressed their interest in investing in Afghanistan’s several economic sectors in a bid to strengthen economic ties between the two nations.

Officials from the Indian Embassy said a group of Afghan businessmen would soon be invited to India to chalk out a more detailed plan for the investments.

Experts believe the investment from the 17 companies would increase trade activity between India and Afghanistan by USD 1 billion.

According to Afghanistan Investment Support Agency (AISA) head Wafiullah Iftikhar, the Indian companies agreed to invest in the country after an assessment of investment opportunities in several provinces.

“Several officials from small and big companies have showed their interest in investing in Afghanistan. I feel, such investments are extremely important for the Afghan economy,” said Indian Ambassador to Afghanistan, Amar Sinha.

This comes after Kazakhstan signed contracts with eight Afghan companies as part of their investment plans in Afghanistan.

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