Business
Afghanistan grants five-year tax exemption to boost cold storage investment
Officials believe this initiative will play a critical role in improving farmers’ livelihoods, reducing dependency on foreign markets, and boosting Afghanistan’s overall agricultural economy.
Investors who build cold storage facilities in Afghanistan will be exempt from paying taxes for five years, a move aimed at reducing agricultural losses and supporting farmers across the country.
The decision was approved during a meeting of the Economic Commission, chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs.
According to the commission, the lack of modern cold storage facilities, seasonal tariffs imposed by neighboring countries, and restrictions on trade routes have led to significant financial losses for Afghan farmers and agricultural producers.
The tax exemption is designed to encourage private sector investment in building modern storage facilities, which will help prevent post-harvest losses and allow farmers to sell their products at better market prices rather than being forced to sell quickly at low rates or face spoilage.
This announcement comes at a time when many Afghan farmers have repeatedly voiced concerns about the absence of proper storage infrastructure, calling on the government to support and attract investors to strengthen the agricultural sector.
In addition, the commission approved a separate plan to construct a cold storage facility and a factory on land owned by the Ministry of Agriculture, Irrigation, and Livestock in the center of Ghazni province, signaling the government’s commitment to developing Afghanistan’s agriculture and agribusiness industries.
Officials believe this initiative will play a critical role in improving farmers’ livelihoods, reducing dependency on foreign markets, and boosting Afghanistan’s overall agricultural economy.
Business
Afghan economic commission approves 12 major development projects across key sectors
In the infrastructure sector, projects include connecting the eastern Kandahar substation to the new central substation in Tarinkot, as well as a major electricity transmission project from Kajaki dam to New Tarinkot.
The Economic Deputy Office of the Prime Minister says 12 major development projects have been approved in the latest meeting of the Economic Commission and referred to relevant departments for implementation.
According to the statement, the approved projects include the transfer of imported electricity to the province of Paktika, construction of a double-circuit transmission line from Ghazni, completion of remaining substation works, and expansion of the national power network.
The package also includes extension of electricity lines from the Nurul-Jihad substation to the provinces of Herat, Farah, and Nimroz, as well as supplying electricity to Seydan village in the Grishk district of Helmand.
In the infrastructure sector, projects include connecting the eastern Kandahar substation to the new central substation in Tarinkot, as well as a major electricity transmission project from Kajaki dam to New Tarinkot.
Other approved projects include irrigation schemes in Faryab, upgrading and activating the 350-bed Aino Mina hospital in Kandahar, construction of a grand mosque with a capacity of 40,000 worshippers in Nimroz, and expansion of the Torghundi–Herat and Andkhoy–Shiberghan–Mazar-i-Sharif railway lines.
Officials say these projects aim to strengthen infrastructure, improve public services, and support economic growth across the country.
Business
Afghanistan, Iran sign 23-point MoU to expand border trade
Business
Afghanistan and Shanghai Chambers sign trade and investment cooperation agreement
The Shanghai Chamber of Commerce welcomed the Afghan delegation and stressed the importance of expanding practical and long-term economic cooperation between the two sides.
The Afghanistan Chamber of Commerce and Investment (ACCI) has announced that a high-level delegation led by Sayed Karim Hashimi held talks with the Shanghai Chamber of Commerce and Industry and Chinese investors in Shanghai.
During the meeting, Hashimi described Shanghai as one of the world’s leading economic and investment hubs, emphasizing Afghanistan’s strategic location in the heart of Asia as a key bridge between Central and East Asia.
He highlighted China’s Belt and Road Initiative as a major opportunity for regional economic cooperation and reaffirmed Afghanistan’s readiness to actively participate in the framework.
Hashimi also said Afghanistan’s private sector is prepared to expand cooperation with Chinese investors in mining, agriculture, industry, transit, logistics, technology, manufacturing, carpets, precious stones, medical products, and banking sectors.
The Shanghai Chamber of Commerce welcomed the Afghan delegation and stressed the importance of expanding practical and long-term economic cooperation between the two sides.
At the end of the meeting, a cooperation agreement on trade and investment was officially signed between the two chambers.
The delegation also included senior members of provincial chambers and leading Afghan business figures.
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