Plan for Commercial Market in First District of Kabul City Approved

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Thu, Jan 25 2024 1:35 PM
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The Inter-Ministerial Investment Committee convened its regular meeting on January 24th at Marmarin Palace to deliberate on several investment projects proposed by the private sector. Among these initiatives, the private sector's plan to construct a commercial market on the Ministry of Information and Culture's land in the first district of Kabul city gained approval and was referred to the Economic Commission for final endorsement. Furthermore, the private sector introduced various projects, including the generation of 40 megawatts of solar power in Nangarhar's Hisar Shahi Industrial Park, the development of an entertainment complex in Bam Herat area of Herat province, the establishment of standard labs at Jalalabad Regional Hospital and Sheikh Zayed Hospital in Kabul, and the creation of a large-scale food production factory in Kabul city. Following an in-depth discussion, specific committees were assigned tasks to evaluate the financial, economic, and technical aspects of these projects in collaboration with the presenting companies. The assessment will also consider land allocation, incorporating feedback from the Inter-Ministerial Investment Committee. Technical meetings will be conducted to determine contract timelines, with subsequent reports submitted to the committee on the designated dates.

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