July 28, 2014

Afghan investors to shift 80 factories from Pakistan to Kandahar

By Sayed Jawad - Mon Feb 11, 1:22 pm

http://www.khaama.com/wp-content/uploads/2013/02/Afghan-investors-to-shift-80-factories-from-Pakistan-to-Kandahar.jpgAfghan private sector investors are due to shift around 80 factories from Pakistan to southern Kandahar province of Afghanistan, officials announced.

Provincail private sector officials said also urged the Afghan government to provide better investment opportunities including electricity and land for the merchants in this province.

Deputy idustrial chief for Kandahar province Faiz-ul-haq Mashwani said Afghan businessmen are facing lack of electricity in Kandahar province which prevents them for investment.

He said employment opportunities for almost 3000 people will be provided if the factories are shifted from Pakistan in Kandahar province.

Afghanistan’s industries were left inoperative due to decades of civil strife and war. Still in an early stage of growth before the outbreak of war, industry’s development has been stunted since; those few industries that have continued production remain limited to processing of local materials.

However the government and international community encouraged the growth of a private sector, the groundwork was laid for revival of Afghanistan’s factories and industries in 2005.

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