Acting Minister of Industry and Commerce on Monday announced that a law pertaining to industrial parks has been ratified by the Islamic Emirate’s supreme leader and the process of distributing land to the private sector will begin soon.
“This is good news for the private sector,” Azizi said, speaking at an event in Kabul to discuss the private sector’s challenges and opportunities. “Allah willing, land distribution will start in the future. About 600 applicants want to establish factories in different zones.”
Azizi asked the United Nations to consider fundamental works and investment in large and incomplete projects in Afghanistan and to solve Afghanistan’s banking problems with the international community.
He said that humanitarian aid is not the solution to Afghanistan’s problems.
“It is not support that we gather here, take pictures and send it to the international community. We have to provide fundamental support,” Azizi said.
Indrika Ratwatte, Deputy Special Representative in the United Nations Assistance Mission in Afghanistan (UNAMA), said that Afghanistan should move towards self-sufficiency and stand on its own feet.
He said that the private sector plays a crucial role in this regard.
The representatives of the private sector also emphasized the importance of investment on large and infrastructure projects by the United Nations in Afghanistan. They asked the United Nations to address the country’s banking problems.
“Our banking problems should be addressed. Regarding money transfers, $100,000 is transferred at a cost of $200 in neighboring countries, but it costs $2,000 in Afghanistan. We also need full cooperation in the area of small loans,” said Yunus Momand, the deputy of the Chamber of Commerce and Investment.
The officials of the Ministry of Industry and Commerce also announced at the event that they have distributed licenses to around 1,000 private companies.
