Economic

Contracts For Construction of Barikaab Township Signed

Sunday March 5, 2017

Kabul (BNA) Head of Capital Zone Independent Development Authority (CZIDA) Elham Omar Hotaki signed contracts for construction of Barikaab economic and Development Township with Co-3, Excellent and Latifi construction companies in presence of President Mohammad Ashraf Ghani.
In a ceremony held on this occasion, CZIDA chief while briefing related to Barikaab development zone, its location and land and economic importance of the zone said the zone has been designed for 1000 factories and by construction the township employment opportunities would be provided to nearly 35,000 people and could also absorb $ 200 million investment of private sector. He added that land would be distributed for construction of 100 manufacturing factories in the respective zone. In this economic zone, the government would invest $ 15 million, while the government income would reach $ 28 million in three to five years, he said. Eng. Elham Omar Hotaki asserted that the township would be constructed in lands usurped during the past years, adding that based on decision of National Security Council and order of President Mohammad Ashraf Ghani, not only the usurped lands were retaken but also big development projects would be implemented.
 

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