Skip to main content
Latest news
Thumbnail

Destroyed Khairkwha Shopping Complex to be Rebuilt

Khairkwha complex, a major market of electronic devices, was destroyed after catching fire in 2018, but is set to be rebuilt by several companies in cooperation with the government.

The construction of the complex will cost $33 million.

According to the private sector officials, the construction of the complex will provide jobs to at least 12,000 people in the country.

“The complex will belong to us for a period of 30 years and after that it belongs to the government and the government will receive all of the income from it,” said Mukhtar Sharifi, a member of the private sector. “Of course, during this 30 years, 70 percent of the profits belongs to us and 30 percent of the profits go to the government budget.”

The Afghanistan Chamber of Commerce and Industry (ACCI) urged the government to provide facilities to the traders and investors inside the country.

“The traders bring money and invest it-- make factories and produce materials. The people should also use their domestic products,” said Khanjan Alokozai, an ACCI member.

The Kabul municipality said that it has planned several economic projects in capital Kabul.

More than 1,000 shops of electronic devices were burned after the Khairkwha complex caught fire—in which hundreds of people suffered huge financial losses.  

Destroyed Khairkwha Shopping Complex to be Rebuilt

According to the private sector officials, the construction of the complex will provide jobs to at least 12,000 people in the country.

Thumbnail

Khairkwha complex, a major market of electronic devices, was destroyed after catching fire in 2018, but is set to be rebuilt by several companies in cooperation with the government.

The construction of the complex will cost $33 million.

According to the private sector officials, the construction of the complex will provide jobs to at least 12,000 people in the country.

“The complex will belong to us for a period of 30 years and after that it belongs to the government and the government will receive all of the income from it,” said Mukhtar Sharifi, a member of the private sector. “Of course, during this 30 years, 70 percent of the profits belongs to us and 30 percent of the profits go to the government budget.”

The Afghanistan Chamber of Commerce and Industry (ACCI) urged the government to provide facilities to the traders and investors inside the country.

“The traders bring money and invest it-- make factories and produce materials. The people should also use their domestic products,” said Khanjan Alokozai, an ACCI member.

The Kabul municipality said that it has planned several economic projects in capital Kabul.

More than 1,000 shops of electronic devices were burned after the Khairkwha complex caught fire—in which hundreds of people suffered huge financial losses.  

Share this post

Comment this post