A renowned businessman from the royal family of Saudi Arabia has evinced a keen interest in investing in Afghanistan, urging international companies to do business with the landlocked country.
Czech Republic will invest $70 million on cement production in west Afghanistan, officials said Sunday.
Pakistan’s crackdown against Afghan nationals illegally staying in the country is badly hitting the famed Afghan carpet business, as a large number of artisans have left Peshawar and other parts of the country.
The high economic council has announced that a women’s chamber of commerce and industries will be established in the near future to help the businesswomen expand their economic activities.
Afghanistan and Germany will jointly invest nearly 70 million euro for the establishment of a modern Sukuk printing company, allowing the country to print its own money, the General Directorate of Enterprises and Government Companies announced.
The closure of Torkham crossing has created many problems for residents and businessmen in a number of provinces located along the Durand Line, local businessmen and residents said.
Germany plans to support the reconstruction of Afghanistan with 240 million euros (257 million dollars) in aid, adding another country to the list of nations to receive funds from Berlin this month.