HomeBussinessTurkish Investors Interested in Investment in Afghanistan: Officials | TOLOnews

Turkish Investors Interested in Investment in Afghanistan: Officials | TOLOnews

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The Ministry of Commerce and Industry said that Turkish businesspeople have shown interest in investing in electric power, airports and industrial parks for Afghanistan.

According to the officials in the MoCI, the deputy of the ministry Qudratullah Jamal, in a meeting with Turkish investors, said that commerce and industry should not be sacrificed in politics and that investment by Turkish investors will strengthen bilateral trade relations between the two countries.

“In the meeting, Turkish investors have shown interest in investing in Afghanistan’s electricity, airports and industrial parks and commercial townships,” said Abdul Salaam Jawad Akhundzada, the spokesman for the Ministry of Commerce and Industry.

Political analysts said that recognition of the Islamic Emirate and the world’s engagement with the Afghan government will help increase foreign investment and implementation of infrastructure and development projects in the country.

“The biggest challenge that has prevented investments in the country is the lack of international recognition of the Islamic Emirate. I believe that recognition and the world’s engagement with Afghanistan will attract investment to Afghanistan because the country is a good place for investment,” said Nasir Reshtia, a political analyst.

Meanwhile, authorities of the Afghanistan Chamber of Commerce and Investment (ACCA) said that to expand Afghanistan’s commerce with European countries, there is a need to increase trade with Turkiye.

“We should focus on resolving our transport and transit problems, then we will be able to connect with Europe through Turkiye,” said Mirwais Hotak, head of the board of directors at ACCA.

Earlier the Ministry of Commerce and Industry said that Afghanistan had $100 million worth of trade with Turkiye in 2023, with exports making up $23 million.

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