Afghanistan issues new investment policies


(MENAFN) Afghani government announced new incentives to draw investors to the country, Saudi Gazette reported. The new policies will be active for two and a half years. The incentives are intended to draw foreign and local investments and provide assurances that aid money will not vanish. Afghani Finance Minister, Azrat Omar Zakhilwal, stated that the newly placed policies will target a large number of sectors including "industry, construction, agriculture and mining." The Afghani government hopes to bring investors before NATO leaves the country, since fears of cutting foreign aids have emerged. The incentives provide factory owners with 7 year tax exemption and farmers with 10 year low-interest loans. Also, provide industrialists with land at very low prices and one year visas for investors.


MENAFN

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