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RASC News > Afghanistan > Mirwais Azizi invests $10 billion in Afghanistan
AfghanistanBusinessNews

Mirwais Azizi invests $10 billion in Afghanistan

Published 13/01/2024
Mirwais Azizi invests $10 billion in Afghanistan
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RASC News Agency: Mirwais Azizi, a distinguished Afghan entrepreneur and the proprietor of Azizi Bank, recently unveiled an ambitious plan to inject a staggering $10 billion into Afghanistan’s energy and transportation sectors over the ensuing five years. In a communiqué disseminated on the X social media platform on Friday, January 12th, Azizi underscored his unwavering dedication to generating five to six thousand megawatts of electricity and erecting railways to catalyze trade and economic activity as the central objectives of his substantial investment.

Additionally, Azizi accentuated the substantial employment prospects inherent in this investment, directly benefiting over 100,000 individuals and indirectly impacting millions more. Within his message, he disclosed that his company’s specialized teams have already embarked on a mission to Afghanistan, offering consultation and engaging in fruitful discussions. It is noteworthy that Mr. Azizi, himself, recently visited Afghanistan, inaugurating a settlement for earthquake victims in Herat.

This newly established residential enclave, situated in the Zinda Jan district of Herat province, encompasses 220 residential units. The Azizi Foundation successfully completed construction and subsequently handed over the settlement to the earthquake victims. Concurrently with the inauguration of this settlement, Mr. Azizi announced his monumental $10 billion investment in Afghanistan. Notably, Farhad Darya, a renowned Afghanistani vocalist, further contributed to the cause by constructing 37 “emergency shelters” for the Herat earthquake victims, entailing a cost of nearly $70,000, with the collaboration and support of various artists.

EnNews 13/01/2024

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