China Eyes Afghan Market
While most investors view Afghanistan as a war-torn land in need of aid, China is eyeing its economic potentials for major business contracts.
âAround 1,000 businessmen from China are currently in the country (and) not just in Kabul,â a Chinese diplomat was quoted as saying by the South China Morning Post.
âOur policy is clear. We believe that a stable, developed Afghanistan is in the interests of China,â the diplomat, whose name was not revealed, said.
Afghanistan has vast potential for copper mining, a resource that may transform Afghan economy, but the country has a long way to go yet, especially in the south where violence prevails. For China, nothing is impossible, even in a land as insecure as Afghanistan.
Turkey is the largest single investor and accounts for over a fifth of all registered Foreign Direct Investment (FDI). The United States is second with 17 percent of investment, followed by China and the UAE at less than 10 percent and Pakistan and Iran at five percent.
Market opportunities are largely driven by Afghanistanâs need to completely renovate its infrastructure.
Some of the opportunities for Iranian and international investors are architectural, construction, and engineering services; computer hardware, software and peripherals (to include Dari language capability); telecommunication services and equipment; aircraft parts and equipment, as well as oil and gas field machinery.
http://www.iran-daily.com/1386/2846/html/ieconomy.htm#s228633
While most investors view Afghanistan as a war-torn land in need of aid, China is eyeing its economic potentials for major business contracts.
âAround 1,000 businessmen from China are currently in the country (and) not just in Kabul,â a Chinese diplomat was quoted as saying by the South China Morning Post.
âOur policy is clear. We believe that a stable, developed Afghanistan is in the interests of China,â the diplomat, whose name was not revealed, said.
Afghanistan has vast potential for copper mining, a resource that may transform Afghan economy, but the country has a long way to go yet, especially in the south where violence prevails. For China, nothing is impossible, even in a land as insecure as Afghanistan.
Turkey is the largest single investor and accounts for over a fifth of all registered Foreign Direct Investment (FDI). The United States is second with 17 percent of investment, followed by China and the UAE at less than 10 percent and Pakistan and Iran at five percent.
Market opportunities are largely driven by Afghanistanâs need to completely renovate its infrastructure.
Some of the opportunities for Iranian and international investors are architectural, construction, and engineering services; computer hardware, software and peripherals (to include Dari language capability); telecommunication services and equipment; aircraft parts and equipment, as well as oil and gas field machinery.
http://www.iran-daily.com/1386/2846/html/ieconomy.htm#s228633