MoCI Links Economical Progress to Growth of Industry

Afghan Minister of Commerce and Industries called industry as the main factor for the economical progress of Afghanistan.

Hamayoun Rassa, Minister of Commerce and Industries who was speaking at a conference to support Afghanistan’s industries said Afghanistan’s industry faces difficult challenges and we will take the required solutions in the near future.

“The new policy is developed based on the current economic situation of Afghanistan, its potential, its existing problems in different sectors, current developments and effective methods for industrial developments,” Rassa said.

At the same time, Afghanistan’s Investment Support Agency (AISA) emphasized to increase domestic products.

Mohammad Qurban Haqjo the head of AISA said,” a powerful human force bring progress in our economy, we have seven hundred and seventy six operational factories and our industrial factories have serious problems”.

Deputy Chairman of the Afghanistan Chamber of Commerce and Industries (ACCI), Khan Jan Alokozay, noted high taxes, corruption, lack of market, lack of power and lack of land as the main problems in this sector.

“The current tax system cannot provide an effective situation for domestic products, it enables foreign countries especially our neighbors to affect our products,” Alokozay said.

In order to better protect investors, manufacturers and entrepreneurs the Afghan Ministry of Commerce and Industries plan to connect them to the local, regional and global markets to promote the capacity of private sector and to standardize the products.

Reported by: Nabila