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World Bank To Promote Private Sector in Afghanistan

Immigration News

Khaama Press
Khaama Presshttps://www.khaama.com
Khaama Press is the leading news agency of Afghanistan with over 3 million hits a month.

In a statement on Wednesday officials said World Bank will spend $22 million as part of support to improve private sector in Afghanistan.

This money will be spent for creation of job opportunities, promotion of trade and domestic production the World Bank said.

World Bank is expected to support market promotion projects financially and implement economical development pilot projects which will be launched in four main cities of Afghanistan including Kabul, Balkh, Nangarhar and Herat provinces.

According to officials more than 750 private sector investors and 10 business associations will be financially supported as part of market promotion project which is estimated to create around 1,500 job opportunities.

The projects are due to be completed under Commerce and Industries Ministry, in four years time officials said.

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