Afghanistan unveils new incentives to investors

Afghanistan's Minister of Finance, Omar Zakhilwal

In an effort to attract new investors and prevent current investments from leaving Afghanistan, a new package of incentives were announced today by Afghanistan’s Ministry of Finance, according to an AFP report.

Hazrat Omar Zakhilwal, Afghanistan’s Minister of Finance told reporters that “the goal of this policy is to support investment in different sectors, especially in industry, construction, agriculture and mining”. The AFP reported stated that the incentives include providing land at almost no cost to industrialists, seven-year tax exemptions for factory owners, 10-year, low-interest loans for farmers, and one-year, multiple entry visas to foreign investors.

The new policies will remain in place for two and half years, the AFP reported added.

July 21, 2013 · admin · No Comments
Posted in: Afghanistan's Economy, Reconstruction and Development