Business

Foundation stone of new industrial park laid in Balkh province

Published

8 months ago

November 27, 2023

(Last Updated On: )

The foundation stone of a new industrial park in Balkh province was laid on Sunday in the presence of officials, elders and members of the private sector.

Speaking at a ceremony to mark the occasion, Noorul Hadi Abu Adris, deputy governor of Balkh province, emphasized the need for the Islamic Emirate of Afghanistan (IEA) to encourage and support the private sector. He said: “In order to solve the problems, serious measures and such projects are implemented for the development of the country.”

Syed Mohammad Naeem Mohammadi, general director of industrial parks of the ministry of commerce and industry, thanked the authorities for handing over the land, and setting up this park. He asked businessmen and investors to invest in the park.

The Ministry of Commerce and Industry said that they have allocated about 4,000 acres of land for the industrial park; the first phase will include 244 acres of this land, where a commercial center will be built.

As well as the center, 3.6 kms of walls will be built along with 10 kms of roads. This will be completed within six months. Meanwhile, Nooruddin Azizi, acting minister of commerce and industry, has inaugurated Boost Industrial Estate and National Industrial Estate in Helmand Province.

The press office of the ministry has published a newsletter saying that Azizi said the opening of industrial parks was part of their efforts to industrialize Afghanistan.

Boost Industrial Town covers 175 acres of land and National Industrial Town is on 2,000 acres of land in Helmand province.

The acting minister of industry and trade added that: “The opening of industrial towns in the country, the transformation of Afghanistan from an economy dependent on imports to an economy dependent on exports is the priority of the economic policy of the Islamic Emirate.”

Related Topics:Balkh Business featured Industry

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