The Economic Commission decided to enter into a memorandum of understanding (MOU) with DP World
Jun 6, 2022
Deputy PM for Economic Affairs, Mullah Abdul Ghani Beradar Akhund, chaired the 21st meeting of the Economic Commission. In the meeting, after a detailed discussion, the Kabul Municipality was directed to open bids for those six partnership projects for which the municipality seeks initial approval from the Economic Commission.
According to the Kabul Municipality, the projects will provide residential and commercial centers for 20, 25, and 28 years, from which they will receive 42, 40, and 45 percent of the revenue. Upon completion of this period, the projects will be owned by the municipality.
The Hameed Commercial Center, the Jamhuriyat Housing and Commercial Center, the Afghanistan Dried Fruit Exhibition and Marketing Center, the Third Macroryan Plaza and the Habib Bilal Commercial Center are the projects that the Kabul Municipality will submit to open bidding.
The Economic Commission also decided to enter into a memorandum of understanding (MOU) with DP World to modernize Afghanistan's ports and facilitate Afghanistan's exports. The company operates in majority of countries and has over 15 years of experience.
Officials of the DP World Company said that if an agreement is reached with the Afghan side, it will first start exporting dried fruits in three ports, then in seven ports, and will also start importing goods from abroad.
At the meeting of the Economic Commission, the Afghanistan Railway Authority was allowed to tender for the renewal of the Hairatan Railway Services Project contract. The Afghanistan Railway Authority has said that the Afghan side should have full responsibility of the Hairatan Railway and a contract will be signed with another company to provide the services.
The Hairatan railway project was built in 2011 with a 154 million dollar grant from the Asian Development Bank (ADB). The project has 75 km of main lines and 31 km of sub-lines. Its total length is 106 km and it has 5 stations.