Foreign companies eye investment in Afghanistan’s electrical equipment industry: DABS

Officials of Da Afghanistan Breshna Sherkat (DABS) say several major companies from neighboring countries, including Russia, are interested in investing in the production of electrical equipment in Afghanistan.

The officials added that Afghanistan has the capacity to attract millions of dollars in investment in the production of electrical equipment.

According to DABS officials, a large portion of the equipment required by Breshna is purchased from neighboring and other countries, and increasing domestic production could reduce the country’s reliance on imports to some extent.

Meanwhile, private-sector representatives said investment in the production of electrical equipment is a serious need. They stressed that investment in the development and production of electrical equipment should be accelerated to reduce imports and increase domestic production.

They said the move would not only reduce reliance on imports but also create employment opportunities for thousands of people.

Economic analysts also said that, alongside electricity generation, investment in the production of equipment used for electricity generation and transmission should be increased. This would allow domestically produced electrical equipment to enter the local market and help reduce imports of foreign products.

Currently, electrical equipment is imported into Afghanistan from various countries, including China, Iran and Turkey.