Arab Today, arab today afghanistan unveils new investor incentives
Last Updated : GMT 19:18:52
Arab Today, arab today
Arab Today, arab today

Afghanistan unveils new investor incentives

Arab Today, arab today

Arab Today, arab today Afghanistan unveils new investor incentives

Kabul - AFP

The Afghan government on Sunday unveiled a new package of incentives to attract desperately needed investment to the war-torn country before NATO withdraws next year. The new policies, which will remain in place for two and a half years, are designed to ease fears that billions of dollars in aid money could dry up and to encourage investors -- both foreign and Afghan -- to sink money into the economy. \"The goal of this policy is to support investment in different sectors, especially in industry, construction, agriculture and mining,\" Finance Minister Azrat Omar Zakhilwal told reporters. \"It is also aimed at attracting local and international investments, and to prevent investments from leaving the country,\" he said. The incentives include providing land at almost no cost to industrialists, seven-year tax exemptions for factory owners and 10-year, low-interest loans for farmers. They also offer one-year, multiple entry visas to foreign investors. Economic development is considered a vital weapon to stop the country from sinking back into civil war and to stem Islamist extremism after 100,000 international combat troops pull out next year. Afghanistan is currently heavily dependent on foreign donors, but there are fears that once NATO troops withdraw, aid money will decline and investors will leave due to security concerns. Despite a huge growth in domestic businesses since the 2001 US-led invasion, wealthy Afghans have already moved significant investments to the Gulf or the West. \"This year and over the coming years, millions of dollars hopefully will be invested and will have direct impact on our economy,\" the finance minister said. Earlier this month Norway threatened to reduce aid on the grounds that Afghanistan was not living up to its commitments to prepare for credible elections, to improve women\'s rights and to fight corruption. Two election laws have since been ratified by the president. Last year, a donors\' conference in Tokyo pledged $16 billion to Afghanistan on strict condition that progress would be made to reform the country as NATO troops leave.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today afghanistan unveils new investor incentives Arab Today, arab today afghanistan unveils new investor incentives

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today afghanistan unveils new investor incentives Arab Today, arab today afghanistan unveils new investor incentives

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Sheraton Grand Hotel reveals its deals

GMT 12:20 2017 Monday ,25 September

Sheraton Grand Hotel reveals its deals
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq Kurds in historic independence vote

GMT 15:20 2017 Monday ,25 September

Iraq Kurds in historic independence vote
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 11:11 2017 Sunday ,24 September

The dark side of new tourism hope

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday