Afghanistan Welcomes Foreign Investment

The 13th Annual Business Matchmaking Conference on April 25, 2018 in Washington, DC, started off with a video conference with Afghan President Ashraf Ghani. President Ghani stated that the business climate in Afghanistan has improved and that the time is ripe for investors to invest in Afghanistan. 

President Ghani spoke about the achievements of the Afghan government in the economic sector over the past three years at the conference. President Ghani also highlighted major economic projects such as the Kajaki Dam, CASA 1000, the construction of Turkmenistan-Afghanistan railway line, the Salma Dam, Chabahar port, Lapis Lazuli, and many more.

President Ghani also stated that the easing of restrictions and reforms in the rules of commerce have provided a good opportunity for local and international investors in Afghanistan. 

Following President Ghani’s videoconference, Afghan Ambassador Dr. Hamdullah Mohib also reiterated to the participants of the conference about the investment opportunities in Afghanistan mentioned by the Afghan President. “The Afghan government has created many opportunities for investment in the country and in various sectors. As an example of the opportunities available in Afghanistan, Ambassador Mohib mentioned that Afghanistan needs 3000 megawatts of electricity by 2020 to meet the needs of the people. This is just one example of the many investment opportunities that were emphasized by President Ghani and Ambassador Mohib. 

Ambassador Mohib invited foreign investors, especially US investors, to invest in such opportunities in Afghanistan.

Mustafa Mastoor, Afghanistan’s Economy Minister mentioned at the conference that in 2014, due to the reduction of foreign forces in the country, Afghanistan’s economic growth began to decline, but now the Afghan government is committed to attracting foreign and domestic investors to Afghanistan in order to make the country more self-sufficient. 

Mr. Mastoor added that: “The Afghan government is now working on the structure and implementation of new policies whose positive results are already touching.”

At the two-day conference, Ehsanullah Bayat, Chairman of the Bayat Group, along with a number of Afghan investors abroad, discussed the opportunities for business and investment with the participants at the meeting. U.S. businessmen and investors at the conference appreciated the reforms and facilitation by the Afghan government.