Development Secretary Douglas Alexander was today (Sun June 29th) visiting Afghanistan, to see for himself development projects backed by Britain to support Afghanistan’s future prosperity.
At a meeting with business leaders and Government officials, Mr Alexander announced a partnership for the Afghanistan Investment Climate Facility (AICF) that will aim to raise $100 million to fast track changes in business rules and regulations to make it attractive for businesses to invest in Afghanistan.
Britain, through the Department for International Development, is providing £30 million ($60 million) to launch the initiative.
It brings together business leaders of Afghan corporations on a Management Board and empowers them to take the lead in improving the climate for investing and doing business in Afghanistan.
The United Kingdom will be working with companies such as Roshan, (Afghanistan’s largest mobile phone company), independent broadcaster Tolo TV, the Aga Khan Development Network, plus the United States and Afghan Governments and future partners, to implement plans to reform and improve the way people do business in the country.
Ismailimail 