News Detail

<p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Builders from Afghanistan have evinced interest in collaborating and forging joint ventures with Indian companies for executing projects in the war-torn country in housing, road construction, schools and hospitals.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">The businessmen from Afghanistan &quot;have also shown interest to source all kinds of building materials and building equipments/machinery,&quot; industry body FICCI said in a statement issued after its interaction with members of Afghanistan Builders Association (ABA).</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">A 35 member Afghan delegation, led by ABA, is here on a visit.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">It said India is in the final stages of preparing a draft memorandum of understanding under which India will help Afghanistan in developing roads. Highways and share its knowledge in transportation technologies.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">India has carried out several construction and infrastructure projects in Afghanistan, including building of Afghanistan&#39;s Parliament.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">ABA President Naeem Yassin said that the delegation&#39;s aim was to connect construction firms of both the sides, facilitate joint venture opportunities in Afghanistan and explore investment opportunities in construction sector.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">&quot;ABA facilitates international investors and companies to work in Afghanistan in construction field,&quot; it said quoting Yassin. The bilateral trade between the countries stood at $632.18 million in 2012-13.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Source-On Request</span></span></span></p>