Afghanistan Times
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AT-KABUL: The Afghanistan Chamber of Commerce and Industries (ACCI) on Saturday released a report saying that deteriorating law and order condition and poor infrastructure are the key challenges that hampered economic growth and pushed local industries toward whirlwind problems in the country.
Chief Executive Officer of ACCI, Attiqullah Nusrat, said the chamber of commerce in its quarterly report covered Kabul, Balkh, Nangarhar, Herat and Kandahar provinces and asked 1,200 companies for issues that hamper their progress.
“Around 80 per cent of the companies responded that security situation has deteriorated or did not improve compared to the same period of last year (2013). Lack of infrastructure, particularly shortage of energy is the second biggest obstacle after insecurity ahead of business deals and production throughout the country. More than 77 per cent of the respondents complained that they have no access to proper infrastructure,” he said while referring to results of the survey conducted for the quarterly report.
According to the survey findings, absence of transparency, political interference, bribery and excessive bank guarantee requirements in public tenders are other major problems faced by the local industries. Despite poor security and infrastructures the local companies are optimistic about future, especially next six months.
He said that businessmen are expecting that the government would fulfill the commitments made earlier and bring reforms in the system for further improvement of local industries.
