Nooruddin Azizi, Acting Minister of Industry and Commerce, said in an exclusive program with TOLOnews that the process of land distribution for Afghan industrialists will begin within the next three months.
According to the Acting Minister, 150,000 acres of land have been allocated nationwide, and 1,200 companies have requested land in the country’s industrial parks. Azizi added that the Islamic Emirate has curbed capital flight and money smuggling from Afghanistan and has taken significant steps to attract investment.
The Acting Minister also regarded the approval of the Industrial Parks Law during 2024 as a transformative step toward positive development in Afghanistan’s industrial sector.
Azizi stated: “We have about 1,200 companies requesting land; we have reviewed 108 of them, which account for approximately $130 million in investments. Gradually, all companies will be assessed.”
Referring to the increase in Afghanistan’s trade with Central Asian countries and the introduction of Afghan products in various regional exhibitions, Azizi emphasized that an industrial revolution will occur when industrialists support farmers and the public uses Afghan-made products.
The Acting Minister of Industry and Commerce stated: “Our farmers must be supported by our industrialists, and our industrialists must be supported by our nation. Our people should prioritize high-quality Afghan products above all else.”
In this program, which was attended by representatives of the private sector, industrialists, and economic experts, participants identified inviting investors to the country, establishing insurance systems, regulating banking operations, ensuring electricity supply, and reducing taxes for investors as key ways to advance Afghanistan’s economic growth.
Sayed Masood, an economic affairs expert, said during the program: “Until a constitution is established, all existing laws remain in limbo because the foundational rule of governance is missing. I believe the constitution must be created first.”
According to statistics from the Chamber of Industries and Mines, Afghanistan’s self-sufficiency capacity increased from 69 sectors to 87 in 2024, with approximately 400 small and medium-sized factories starting operations in the country during the same year.