Economic

Agreements worth $117 million signed

Wednesday, March 06, 2013
Kabul (BNA)  The documents of four projects with the total value of USD117 million was signed by Dr. Zalmai Rassoul Minister of Foreign Affairs and the Japanese embassy in Kabul.
On the basis of this agreement standing ground for planes will be expanded and the power system in Kabul airport will be further expanded.  Also, attention will be made on improving the roads, water supply of New Kabul City to be constructed and USD 34,6 million will be provided to finance ministry for purchase of petroleum products.
Talking at the signing ceremony Dr. Zalmai Rassoul said that Japan after the US is the biggest donor to Afghanistan in the past one decade and most of this country’s aid has been focusing on strengthening of government foundations, reconstruction and peace building.
He added that the Japanese aid will be expended in four areas and it is considered of valuable importance.
The Japanese ambassador said that the aid provided is in addition to the USD3 billion committed by Japan for Afghanistan at the Tokyo conference, the document for which was signed today.
He added that last week Japan has signed another agreement with the value of USD 200 million.  He   assured that the Japanese people and its government remains on the side of the people of Afghanistan.

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