INSUBCONTINENT EXCLUSIVE:
Chinese automobile business Dongfeng has revealed an interest to invest $50 million in Afghanistan.A representative of the company stated in
a meeting with Ahmadullah Zahid, Deputy Minister of Industry and Commerce, that the company wants to invest $50 million in the car
production sector in Afghanistan in four phases over a period of 3 and a half years.He added that with this financial investment, 2,000
vehicles will be made per year.Welcoming the company : : s interest in purchasing the country Ahmadullah Zahid, the Deputy Minister of
Industry and Commerce, described Afghanistan as one of the safe and protected locations for financial investment with favorable profits.He
assured the Chinese that all domestic and foreign financiers will be dealt with similarly and will be totally supported.In the meeting, the
agent of Dongfeng also stressed that the business : : s financial investment in Afghanistan will create jobs for 500 to 700 people in the
country.He stated that the business : : s products will consist of vehicles, trucks, ambulances, and buses
The post Chinese business keen to invest $50 million in vehicle market in Afghanistan initially appeared on TINS News.
