NPC approves contracts worth 6.290 billion AFN

Wednesday, 03 May 2017 03:18 Written by

The Afghan government has approved several contracts worth six billion and two hundred and ninety million Afghanis.

The Minister of Agriculture, Irrigation and Livestock (MAIL) on Sunday said at a national meeting of Afghanistan’s Nursery Owners in Kabul that they are trying to become self-sufficient in the production of improved seed and certified saplings.

Officials from the Asian Development Bank (ADB) on Saturday said they would provide at least $300 million USD for Afghanistan’s infrastructure projects.

Lack of skilled labor a drawback for investors

Sunday, 30 April 2017 03:18 Written by

Afghanistan Chamber of Commerce and Industries (ACCI) says the absence of skilled workers in the country appears to be having a negative effect on businesses and it is affecting investment in the country. 

NPC approves contracts worth 5.5 billion AFN

Wednesday, 26 April 2017 03:22 Written by

The Afghan government has approved five contracts worth 5.5 billion Afghanis during a meeting of the National Procurement Commission.

The Office of the President, ARG Palace, said the meeting of the National Procurement Commission was chaired by President Mohammad Ashraf Ghani and was organized late on Sunday evening.

World Bank to finance Kabul-Peshawar highway

Tuesday, 25 April 2017 03:57 Written by

The World Bank has agreed in principle to fund the construction of a highway between Peshawar and Kabul, Pakistan’s Finance Minister Ishaq Dar says.

At a meeting with World Bank Vice President for South Asia Annette Dixon in Washington on Sunday, Dar urged the World Bank to finance the project aimed at boosting regional connectivity.

A bankrupt Turkish firm is among winners of $79 million contract from the Afghan government over a major dam project in the southwest of the country.

Sayed Ahmad Shah Sadaat, acting Minister of Communications and Information Technology (MoCIT), on Friday said a fiber optic cable network project will connect Afghanistan to China through Wakhan port.

World Bank’s MIGA now insuring Afghan companies

Wednesday, 19 April 2017 03:29 Written by

Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has started providing insurance services to big companies in Afghanistan.

According to a World Bank report, MIGA has so far insured three big companies in the country – collectively worth about $154 million USD.

A number of Afghan businesswomen asked the Afghan government to help them expand their businesses and economic activities.