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Afghanistan's investment choices

Monday, November 9, 2009 , Posted by first news at 1:06 AM


Afghanistan is endowed with a wealth of natural resources, so persuading people to invest in the country has to be among the priorities facing President Hamid Karzai.
He faces an arduous task whilst the security situation remains so unstable and furthermore, doing business in a country renowned for its corruption is not going to entice large numbers of investors to part with their capital.
But Ajmal Ghani, the chairman of the Afghan-American Chamber of Commerce in Washington believes there is huge interest for investment because the international community has been so involved with the country.
"Forty-two countries have a presence and investors from those nations understand that the situation is a temporary one," he told BBC World Service's Business News.
"Silk Road"
Professor Hamidullah Faruqi at Kabul University says Afghanistan's legal framework and regulations create a business environment which, together with its strategic position, offers great opportunities.

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