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Govt urged to prioritise New Kabul City Project

Govt urged to prioritise New Kabul City Project

Nov 02, 2014 - 17:49

KABULinfo-icon (Pajhwok): Officials of the New Kabul City housing scheme on Sunday asked the new government to prioritise completing the country’s largest-ever residential scheme.

The New Kabul City, a public-private venture, is designed on 290 square miles area north of Kabul at the foothills of the Safi Mountains, bigger than the existing Kabul City.

Housing three million people, the project is said to be including homes, apartments, shops, mosques, a library, a fire station, farming areas and a light industry and picturesque parks.

Officials say a total 120 contracts worth $80 billion would be signed with local and foreign firms to complete the project that has so far consumed $6.5 billion.

The project officials say they are ready to implement the project and agreements on cooperation with 21 governmental organisations have so far been signed in this regard.

The latest such agreement was signed on Sunday with the Afghanistaninfo-icon Investment Support Agency (AISA).

Speaking on the occasion, New Kabul City’s Chief Executive Ghulam Sakhi Hassanzada said there was a good chance for national and foreign companies to invest in the project.

He said the agreement with AISA would help the project avoid the repetition of similar tasks, interferences from irrelevant circles and delays in the work process.

Work on the project had been scheduled to start in May 2013 but was delayed due to some differences and protests by local residents around the project area, Hassanzada added.

“We and the private sector are ready to begin work on the project, we hope the new government will prioritise implementation of the project,” he said.

AISA Director Wafiullah Iftikhar said the New Kabul City was a national project and all government organisations were responsible to cooperate with the project’s administration.

“Signing of this agreement makes clear our responsibility toward the project and we would practically start work and encourage national and international investors to participate in the scheme,” Iftikhar added.

He called the project a good opportunity for the establishment of industrial parks, saying that five industrial parks on 5,000 acres of land would be set up --- four for small industries and a fifth for agricultural activities.

Iftikhar said the parks would have the capacity for hundreds of factories and investment amounting to $1.2 billion.



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