Business
Afghan businessman announces plan to invest $10 billion over next 5 years
Dubai-based Afghan businessman Mirwais Azizi has announced that he plans to invest $10 billion in energy and transportation sectors in Afghanistan over the next five years.
In the energy sector, the aim is to produce 5,000 to 6,000 megawatts of electricity, while in the transportation sector the focus will be on building railway networks that help promote trade and economic activity, Azizi said on his X account.
“I anticipate that close to one hundred thousand new jobs will be created and millions of other Afghans will benefit indirectly from these projects,” he said.
Azizi added that technical teams from his company will soon visit Kabul in a bid to further explore the areas, exchange views with the relevant authorities and pave way for the implementation stage.