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‘Over $1b invested in private sector’

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AT-KABUL: The Afghanistan Chamber of Commerce and Industries (ACCI) on Wednesday during inauguration of Afghan products exhibition said that over $1 billion had been invested in private sector in the past six months.

“Mostly investment has been taken place over factories producing non-alcoholic beverages and energies,” said Commercial Deputy of ACCI Mohammad Yonus Mohmand.

He said that although insecurity is a challenge ahead of investment, but still investment progress is on the right track.

Increasing investment and improving of economic condition positively impact over security, thus government must support investment and business drives in order to move toward better future, he added.

“Although steps have been hold to simplify polices for investment, but still a long paths ahead to be crossed,” Mohmand asserted.

Terming corruption a main challenge ahead of investment and business growth, he urged government and private sector to seriously fight against corruption across the country.

He said that Afghanistan also has exported around 1000 tons of fresh and dry fruits to different countries.

Mohmand urged all educated youth to innovate and support domestic products.

Financial Deputy of Ministry of Higher Education Seyar Ahmad Mahjor motivated all people to use domestic goods in order to embark toward self-reliance.

Afghan must stop importing goods and mimic culture and have their own products, he insisted.

It is pertained to mention that the above mentioned three day exhibition launched in Kabul Polytechnic University, where Afghan products and the university innovation have been exhibited. Running of this exhibition aimed at introducing of Afghan products and improving of markets in the aspect.