Private sector to build four factories in the Afghan capital Kabul after being encouraged by the President Ashraf Ghani
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| Afghanistan has many investment opportunities in various areas: President Ashraf Ghani |
The Ministry of Agriculture, Irrigation, and Livestock (MAIL) said Saturday that the new factories will be built in Bagrami district of Kabul province. According to a statement by MAIL, the factories will mainly operate in agriculture and livestock sectors. The statement further added that the factories will process agricultural products, oil production, and food stuff for the chicken farms. The factories will be built in a complex type structure and around $12 million along with 150 million Afghanis will be invested by the private sector. The Ministry of Agriculture, Irrigation, and Livestock is optimistic that the exports of the agricultural products will increase besides helping the domestic requirements once the factories start operations. According to MAIL, the factories will also provide job opportunities for around 800 people as they become operational. The Afghan markets are mainly dependent on imports as the government has stepped up efforts to boost the domestic production in a bid to reduce the dependency on foreign products and increase domestic revenue by boosting the exports.
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