24 October 2017

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Economic

Tuesday, September 19, 2017

Kabul (BNA) The construction of the largest private township was inaugurated in capital Kabul on Monday amid rising demand for the accommodation and housing in the city.
The construction of the township was inaugurated by the minister of urban development and housing Syed Sadat Mansoor Naderi during a ceremony organized yesterday.
The ceremony was also attended by several senior government officials including the Kabul mayor Yaqoob Haidari, head of the Chamber of Commerce Khan Jan Alokozay, parliament members, and some other government officials. The township, Monshi Mir Ghulam Township, will be built in the vicinity of the 17th police district of the city, the ministry of urban development and housing said in a statement. The statement further added that the township will cover an area of around 1534 acres of land. The township will include 3889 housing units and 103 blocks, the ministry added. Speaking during the ceremony, minister Naderi said the Monshi Mir Ghulam Township inaugurated today, is one of the largest private housing and township construction projects in the country.
KP
 

Monday September 18, 2017

Kabul (BNA) Forty tons of fresh and dried fruits have transported to New Delhi India through Afghan–India air corridor.
The exported fruits were the products of Kandahar and other southern gardeners. An official of commerce chamber of Kandahar province told BNA in this round forty tons of fresh and dried fruits after processing and packaging have been sent to New Delhi markets. The cargo plane flight took place from Kandahar International Airport. Rohullah a trader of dried fruits says with increase of transporting fruits via Afghan-India air corridor, now they can buy the agricultural products for the formers without any concern and after processing and packaging export to the world markets.  
Economic experts say reaching Afghan agricultural products in to the world markets has great importance in flourishing the economy of farmers and at last the entire people of Afghanistan. They consider the exports of agricultural products to world markets the only way for economic self–sufficiency of the country. In spite of this, the Afghan dried fruits traders are looking for further expansion exports of Afghan merchandises to the world markets via Chahbahar Iranian commercial port.  They claim that using this port opens a new chapter for exchanging Afghan commercial good to the world markets. Chahbahar an Iranian commercial port after the construction of its facilities recently inaugurated by leaders of Afghanistan, Iran and India, but due some reasons so far has not officially started operation.
This port can be the largest transit road for Afghan goods to Iran, India and other countries of the world. A few years ago, Karachi port was the only place where Afghan commercial goods reached the world markets. Fortunately, currently as a result of Afghan government endeavors, finding alternative road, Afghan merchandises have access to China, India, central  Asian countries and some other countries of the world via sea and rail roads.
Abdul Khalil Minawi
 

Sunday, September 17, 2017

Kabul (BNA) The Islamic Development Bank (IDB) provides up to $74 million to Afghanistan to construct the Kabul City ring-road,  BNA reported the other day.
The contract to pay the loan was signed by the ministry of finance with the IDB deputy governor in Kabul, where the ring-road expected to be asphalted has been estimated to cost up to $300 million, the $74 million of which has been provided by the Islamic bank, said the agency quoting the head of finance ministry’s aids office, Mustafa Arya.  The Kabul City ring-road has been said to connect Kabul-Kandahar highways to Logar in the south and connect Kabul-Jalalabad to Kabul-Mazar and return to Kandahar in the south, said the agency.
The first phase of the project costing $110 million is expected to be kicked in the near future and according to Sayed Aqa, deputy to the IDB governor, the loans would be repaid within 25 years by the government of Afghanistan.
 

Sunday, September 17, 2017

Kabul (BNA) Officials from Ministry of Agriculture, Irrigation and Livestock (MAIL) said Afghanistan has 7.5 million hectares of arable land but only a small portion of the land is cultivated due to a lack of water and insecurity.
At least 2.5 million hectares of land was cultivated this year while over 3.6 million hectares of arable land was ready to be farmed, the MAIL says.  From non-arable land, only 1, 44 million hectares was cultivated this year.
Afghanistan has 3.6 million hectares of irrigated land and 3.7 million hectares of non-irrigable land.
“The problems (for farmers) is the lack of access to land due to insecurity, lack of irrigation canals, and other issues which have remained from the past and have affected our activities in this respect,” said Lotfullah Rashid, spokesman for the Ministry of Agriculture.
 

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