Afghanistan has a population of around 31.5 million, of whom around 4.6 million in Kabul, the country’s capital and chief economic centre. Since the collapse of the Taliban regime in 2002, Afghanistan’s GDP has boomed – rising from around $2 billion in 2002 to some $22 billion in 2014. This massive growth is largely down to the new government’s openness to foreign trade.
Currently the country’s main exports are metals (including precious metals) and fruit. Trade between Afghanistan and the US is growing fast, and China has invested heavily in mining, constructing a copper mine in Anjak province that is likely to employ around 20,000.
Afghanistan is remarkable for its untapped mineral wealth. It is estimated that Afghanistan holds around $1 trillion in proven mineral deposits – including natural gas, petrol, coal, marble and gold. Surveys suggest that Afghanistan may hold as many as 3.6 billion barrels of oil.
Entrepreneurs can invest in Afghanistan knowing they have the full backing of the country’s government. The government has announced plans to open 17 new business parks in the coming years. Afghanistan offers investors a flexible duty regime, and low corporate tax rates. Our HLB offices in Kabul and expert team of professionals is ready to assist with any questions you may have about doing business with Afghanistan.
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