Thirteen investors established the "Afghan Invest" Joint Stock Company in Kabul.
The investors are expected to invest $250 million to $300 million dollars in the energy, mining, infrastructure and agriculture sectors in Afghanistan.
Mullah Abdul Ghani Baradar, the first deputy PM, at the opening of “Afghan Invest” said that no country can advance without conducting commerce and called on businesspeople to transfer their capital to Afghanistan.
"We should all try to invest in our country, if someone's money is abroad or has invested there, transfer it to Afghanistan,” he said.
According to the head of the company, "Afghan Invest” presently has 13 shareholders, but that number is expected to rise.
“We 13 shareholders of the Afghan Invest company got together and decided that in the first step we will invest $250 million to $300 million in four sectors," said Shirbaz Kaminzada, head of the “Afghan Invest” Joint Stock Company.
Meanwhile, the Ministry of Mines and Petroleum (MoMP) urged the investors not to involve government officials in the company.
"Do not offer presents, bribes, or gifts to anybody else. Also, do not involve the officials or tarnish the pure accounts,” said Shahabuddin Delawar, acting Minister of Mines and Petroleum.
Nooruddin Azizi, Minister of Commerce and Industry who participated in the gathering, promised investors that the problem of transferring money abroad will be solved soon.
"We have a negotiation with the World Bank and the United Nations, and God willing, we will share it with everyone. "They want to do this in the right way so that neither the banking sector nor our Afghanistan Bank is harmed,” he said.
The Foreign Ministry stated that Afghanistan's eastern and western borders with its neighbors present difficulties and that these crossings should be made accessible to passenger travel.
"Every day thousands of Afghans and people of those countries cross the border. We ask Iran and Pakistan to keep their borders open to our Afghans,” said Shir Mohammad Abbas Stanekzai, Deputy FM.
The Chamber of Industries and Mines claims that the creation of a joint stock company in Afghanistan is unprecedented and that these businesses not only provide job opportunities but also build the basis for the development of the country ’s economic growth.