The Ministry of Urban Development of Afghanistan says the first phase of China’s Kabul housing scheme, which includes the construction of 1,400 residential units, will begin in the near future. The spokesperson for the Ministry of Urban Development said that the construction of the 1,400 residential plots cost more than USD 75 million and will be distributed to Afghan security forces’ survivors and low-income people. Afghanistan Industrialists Association (AIA) said it believes that using the domestic materials of this city can lead to the economic growth. The Chinese government has pledged to provide two billion Chinese Yuan (about USD 300 million) for the entire project. The total cost of the second and third phases is also estimated to be near to 500,000,000 Chinese Yuan.
The first Italian who registered his individual company in Afghanistan