English | دری

Insecurity hinders business growth in Afghanistan-reports ACCI

in Afghan Business

Insecurity hinders business growth in Afghanistan-reports ACCI

insecurityAccording to a recent survey conducted by the Afghanistan Chamber of Commerce and Industries (ACCI) in Balkh, Kabul and Kandahar, security issues remain to be the main cause of lackluster economic activity.

The survey evaluated nine indexes including customs, taxation, biddings, registration and extension of licenses, basic infrastructure, insecurity, status of women and access to financial resources.

ACCI Chairman Mohammad Qurban Haqjo said security and infrastructure were the main issues affecting economic activity in Afghanistan.

Haqjo added that some government bodies have begun taking measures to address the issues.

Da Afghanistan Breshna Sherkat (DABS), Afghanistan’s state-owned electricity company, has plans to improve infrastructure.

“We are working on number of important projects to provide enough electricity to industrial parks,” Tolo News quotes Mirwais Alimi, DABS Chief Commercial Officer. “A 500 kw electricity line would be extended from Turkmenistan and the completion of the CASA 1000 project will help Kabul to get rid of electricity load shedding. It will be completed by 2017.”

Deputy Minister of Commerce and Industries Muzamil Shinwari said his Ministry had formulated comprehensive measures and had discussed issues with the Ministry of Finance.



Related Articles

48 development projects completed in Daikundi province

The National Solidarity Program (NSP)of the Ministry of Rural Rehabilitation and Development (MRRD) has completed 48 uplift projects in Daikundi

EU funded water supply projects launched in Qalat, Zabul

Funded by the European Union (EU), three water supply and sanitation projects have been executed in the villages of Qalat,

Afghan government to impose 50% extra tax duty on tobacco imports

A majority of the lawmakers voted in favor of the Tobacco Control Act that calls for imposing 50% extra duties

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Your e-mail address will not be published.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*