Foreign, Domestic Companies Considering Investments Totaling $5 Billion

USAID supported major projects in Afghanistan, including CASA-1000, but halted its operations after the Islamic Emirate’s return to power.

The Economic Affairs Office of the Prime Minister has announced that dozens of domestic and foreign companies are interested in investing over $5 billion in Afghanistan.

According to the statement from the Economic Affairs Office, domestic and foreign investors aim to invest in sectors such as agriculture, infrastructure, industry, energy, mining, telecommunications, healthcare, and transportation in the country.

Hamidullah Fitrat, the deputy spokesperson of the Islamic Emirate, said: “Domestic and foreign companies have shown interest in investing approximately 5.348 billion dollars in agriculture, infrastructure, industry, energy, mining, telecommunications, healthcare, and transport sectors.”

Meanwhile, the Minister of State for International Cooperation of Qatar discussed the situation in Afghanistan and development projects in the country during a meeting with the Deputy Administrator of the U.S. Agency for International Development (USAID).

Mohammad Nabi Afghan, an economic expert, commented on the activities of the US Agency for International Development (USAID), saying, “USAID was very active and greatly supported the private sector, particularly in assisting farmers with fruit exports and in infrastructure projects.”

Sayed Masood, another economic expert, highlighted the importance of USAID’s activities, saying, “I believe if USAID resumes its operations in Afghanistan after three years, it will create a sense of regional trust.”

The Ministry of Economy has emphasized the significance of USAID resuming its activities for the country’s economic growth and stressed the need for USAID and other organizations to restart their operations in Afghanistan.

Abdul Latif Nazari, Deputy Minister of Economy, told TOLOnews: “USAID can help Afghanistan in economic development, including the growth of agriculture, trade, and small and medium-sized industries, as well as managing natural resources like the environment and infrastructure issues such as water supply, electricity, and road construction.”

USAID supported major projects in Afghanistan, including CASA-1000, but halted its operations after the Islamic Emirate’s return to power.

Foreign, Domestic Companies Considering Investments Totaling $5 Billion