Mohammad Qurban Haqjo, the newly-appointed head of Afghanistan Investment Support Agency (AISA) was formally introduced to his office on Sunday by the Chief Executive Officer (CEO) Abdullah Abdullah.
In a formal ceremony attended by several government officials, Abdullah highlighted the trade and investment opportunities in Afghanistan.
“The National Unity Government always supports boosting investment in the country,” Abdullah said, noting that Afghanistan is a rich country in agriculture and mines.
He appreciated the domestic and international investors for making small and big investments in the country.
Haqjo, who was a former head of Afghanistan Chamber of Commerce and Industries (ACCI), was selected last week out of five candidates introduced to President Ashraf Ghani.
Promising honesty while in office, Haqjo said he had prepared a big plan for AISA – the country’s only organization that issues licenses to investors and focuses on supporting investments.
“We need to conduct a comprehensive research on Afghanistan mines,” Haqjo noted.
His appointment came after months of delay followed by mounting criticisms by the traders and economists.
The leadership vacuum at AISA and the ensuing backup in licensing had already begun to cause problems among factory owners.
The economic experts had warned that further delay in appointment of AISA’s head could result in more capital flight and diminished investment.