KABUL: The Ministry of Commerce and Industries on Wednesday said the Investment Law would be reviewed this year in order to encourage and improve investment in the country.
According to the ministry, last year more than $1.7 billion USD was invested in different sectors including $806 million USD in energy, $410 million USD in industry, $68 million USD in construction, $58 million in mining and over $20 million in agriculture.
“We have more plans to attract investment this year. No doubt, the plans will improve the situation,” the commerce ministry’s spokesman Humayun Rasa told TOLOnews.
He stated that Afghanistan had been rated number one in an index among Asian nations for its plan to attract investment last year.
Meanwhile, the deputy head of Afghanistan Chamber of Commerce and Industries, Tawfiq Dawari, said further plans should be implemented in order to boost investment in the country.
“Government should work on practical plans to attract investment. This is a need. We have witnessed prices going up when one of the trade crossings are closed. Therefore this shows that we have many problems in this respect,” he said.
