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Mullah Baradar launches $150 million Lajward residential complex in Balkh

He also encouraged business leaders to expand investments in the housing and construction sector.

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The foundation stone of the Lajward Residential Complex was laid on Tuesday in northern Balkh province by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs.

Speaking at the inauguration ceremony, Baradar said the Islamic Emirate is placing special focus on achieving economic self-reliance, attracting domestic and foreign investment, and implementing major infrastructure projects across the country.

He described the Lajward Residential Complex as a significant example of ongoing development efforts and noted that large-scale projects in sectors including industry, transportation, electricity generation, and urban development are currently underway.

Baradar stated that practical work on master plans and urban expansion projects is continuing alongside national initiatives such as the Qosh Tepa project. He added that the Islamic Emirate considers it a responsibility to provide opportunities and facilities for both local and foreign investors in the construction sector.

According to his office, the Deputy Prime Minister emphasized that cooperation between the government and the private sector is essential for economic stability and the reconstruction of Afghanistan, while assuring continued support for investors.

He also encouraged business leaders to expand investments in the housing and construction sector.

During his visit to Balkh, Baradar said he would inspect commercial ports in the province to ensure the provision of 24-hour services and improve the efficiency of export and import operations.

The Deputy Prime Minister noted that senior officials from various institutions are accompanying him to closely assess economic activities, development projects, and challenges related to port operations in the province.

According to the Deputy Prime Minister for Economic Affairs Office, the Lajward Residential Complex will be built with a private sector investment of $150 million.

The project includes the construction of approximately 1,448 modern apartments and is expected to create around 7,000 jobs.

The complex will be developed on nearly 21 jeribs of land and will include schools, healthcare and commercial facilities, green areas, a mosque, sports and recreational centers, and other public amenities.

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Afghanistan embassy in Malaysia marks five years of IEA rule

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The Embassy of the Islamic Emirate of Afghanistan in Malaysia on Tuesday held a ceremony to commemorate the fifth anniversary of the Islamic Emirate’s return to power. The event was attended by Malaysian government officials and diplomats, religious scholars, members of royal families, representatives of international and Islamic organizations, Afghan traders and Afghans living in Malaysia.

Naqibullah Ahmadi, the acting head of the embassy, described the anniversary as the result of the courage and sacrifices of the Afghan people and highlighted progress over the past five years in security, stability, economic growth, infrastructure and public services.

He emphasized balanced engagement with the international community and called for expanded cooperation between Afghanistan and Malaysia in trade, transit, agriculture, mining and investment.

Meanwhile, Dato’ Ahmad Azam Abdul Rahman, Special Adviser to Malaysia’s Foreign Minister, congratulated Afghanistan on the fifth anniversary of the victory and emphasized the continuation of relations between the two countries.

He expressed Malaysia’s readiness to share its experience in Islamic banking, halal certification, public health, agriculture, mining and good governance.

The ceremony also featured a video presentation highlighting developments in Afghanistan over the past five years. The event concluded with prayers for lasting peace, prosperity and national unity in Afghanistan.

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Qatar’s ambassador visits Panjshir for first time, discusses development projects

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Panjshir’s media office says that Mirdif Al-Qashouti, Qatar’s ambassador to Afghanistan, has visited Panjshir for the first time, following efforts by the provincial administration to attract investment and development projects.

Mohammad Agha Hakim, the governor of Panjshir, described relations between Afghanistan and Qatar as important during his meeting with the Qatari ambassador and called for increased investment by Islamic countries and Arab businessmen in the province.

Highlighting Panjshir’s potential in horticulture, agriculture and mining, he said apples, cherries, grapes and walnuts are among the province’s key products and that investment opportunities are available in these sectors. According to him, mining operations are currently underway at around 600 mines, while around 2,000 additional mines have been identified.

The Qatari ambassador described Afghanistan as a brotherly country and a longstanding friend of Qatar and reaffirmed his country’s support for Afghanistan. He said Qatar is committed to implementing various projects in Panjshir and plans to invest in establishing companies to process the province’s fresh and dried fruits.

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MoU signed to establish joint-stock company to boost investment in Afghanistan

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A memorandum of understanding (MoU) has been signed between the Afghanistan Chamber of Commerce and Investment and the Chamber of Industries and Mines to establish a joint-stock company aimed at financing major economic and infrastructure projects and promoting investment in Afghanistan.

The agreement was signed on Tuesday at the Government Media and Information Center in the presence of Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs.

Speaking at the ceremony, Baradar said the new company would provide a structured mechanism for mobilizing private capital to finance large-scale economic and infrastructure projects.

He said the private sector has a key role to play in Afghanistan’s economic growth, particularly in boosting domestic production, creating jobs, expanding exports and financing major development projects.

Baradar said the company would pool the capital of traders, industrialists and investors under an organized, transparent and legal framework, allowing their combined resources to be used for major projects.

He also said the Islamic Emirate had created a secure environment for investors and industrialists and was working to streamline administrative procedures, provide legal and economic facilities, and remove barriers to investment.

Baradar called on traders, industrialists and investors to pool their resources and jointly invest in Afghanistan’s economic development. He also urged government institutions to provide comprehensive support to the private sector.

Under the agreement, the joint-stock company will focus on implementing infrastructure projects across various sectors and is expected to create new opportunities for investment in the country.

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