The Kabul times, Afghanistan Trustable News Agency.
EconomicNationalReport

Increasing keen of countries on investing in Afghanistan

With the improvement of the overall security situation across Afghanistan, a number of countries in the world and region have invested in various areas in Afghanistan, while some others have shown keen on investing in the country. There is a golden opportunities for domestic and foreign investors to invest in Afghanistan as the Islamic Emirate has provided the necessary facilitations for them to invest. In the past two and half years, efforts have been made to create new opportunities for business and investment in the country. Besides, a favorable investment environment has been created as the overall security situation has improved across the country. The Islamic Emirate has intro duced new economic policies and incentives for domestic and foreign investors to invest in Afghanistan. These days, some Russian investors have evinced a keen interest in generating electricity from waste in Afghanistan. Acting Minister of Mines and Petroleum Shaikh Shahabuddin Delawar in a meeting with the Russian investors welcomed their desire for investing in Afghanistan, saying that opportunities had been created for investment in the country. The Russian investors have evinced a keen interest in generating 150 megawatts of electricity from waste materials in Afghanistan. They have said their firm had implemented similar projects in a number of countries for years. Afghanistan sees both domestic and foreign investment in the country as key for economic development. The Islamic Emirate welcomes all foreign and domestic investors to invest in different sectors in the country. Besides, the Islamic Emirate assures investors of all possible cooperation. In recent weeks, various German, Turkish, Chinese and Iranian investors have also expressed their interest in investment in Afghanistan, which is a positive move towards economic development. Afghanistan has witnessed some increase in the inflow of foreign investment in the country in the past two and half years as we have recently witnessed the investment of some firms in investing in various areas particularly exploring and extracting the country’s mines. The Islamic Emirate has made continued efforts to attract more foreign investment to the country. Both foreign and domestic investment is important for economic development. Investments result in a number of effects that can have a positive impact on the overall situation of an economy. With increasing investment in the country, the people will experience a high and evenly distributed level of prosperity that has some positive effects on society. For example, with increasing investment in the country, the economy of people develops in general. It helps reduce poverty and crime in the country

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The Kabul times, Afghanistan Trustable News Agency.