Kabul Unveils $34 Million Commercial Complex To Boost Business And Investment

A $34 Million commercial complex with 1,300 shops opens in Kabul, boosting business, jobs, and investment in Afghanistan. [Image via Tolo News]

A commercial complex with over 1,300 shops and an investment of nearly $34 million has been inaugurated in the center of Kabul.

This nine-story commercial center was constructed in less than three years.

The $34 million Kabul commercial complex, featuring 1,300 shops, is expected to become a key hub for business and trade in the city.

Senior officials of the Islamic Emirate, who attended the inauguration ceremony, emphasized the importance of this project in strengthening the country’s economy.

Abdul Salam Hanafi, Deputy Administrative Chief of the Prime Minister’s Office, stated at the ceremony that the land for this project was state-owned and the complex was built by Sun Sky Global Company.

During the inauguration, Hanafi said: “The total revenue will be distributed as follows: 30% for Emirate authorities and 70% for affected individuals and investors.”

Abdul Wasi Khadem, Chief of Staff of the Prime Minister’s Office, stated: “This commercial center includes dedicated spaces for banks, currency exchange offices, and other businesses.”

Meanwhile, Abdul Manan Omari, Acting Minister of Labor and Social Affairs, highlighted the significance of such projects in reducing unemployment and creating job opportunities.

Omari stated: “At a time when Afghanistan is facing high unemployment rates, the completion of such projects provides employment opportunities for many citizens.”

Also See: Afghan Fund Generates $440 Million in Profits

At the same time, the developers of this commercial complex revealed that they have several major projects under construction. These include:

  • A large oil processing plant in northern Afghanistan
  • A specialized hospital in Kabul for the treatment of cancer and kidney diseases

In total, over $50 million will be invested in these projects.

Mohammad Hanif Halimi, one of the project officials, stated: “We plan to establish a modern oil refinery with the highest international standards, starting with an initial investment of $25 million, eventually reaching $35 million.”

This commercial complex, which can accommodate over 1,800 vehicles, also features a large mosque and advanced facilities. It has been jointly operated by the government and the private sector for a period of 30 years.

This news is sourced from Tolo News and is intended for informational purposes only.

News Desk

Your trusted source for insightful journalism. Stay informed with our compelling coverage of global affairs, business, technology, and more.

Recent

Beyond the Rhetoric: What Muttaqi’s Address Reveals About Afghan Policy

Beyond the Rhetoric: What Muttaqi’s Address Reveals About Afghan Policy

Interim Foreign Minister Amir Khan Muttaqi’s recent address sought to reframe Afghanistan’s strained ties with Pakistan through a narrative of victimhood and denial. From dismissing cross-border militancy to overstating economic resilience, his claims contradict on-ground realities and historical patterns. A closer examination reveals strategic deflection rather than accountability, with serious implications for regional peace and security.

Read More »
We Want Deliverance

We Want Deliverance

Political mobilization in South Asia is not rooted in policy or institutions but in a profound yearning for deliverance. From Modi’s civilizational aura in India to Imran Khan’s revolutionary moral narrative in Pakistan, voters seek not managers of the state but messianic figures who promise total transformation. This “Messiah Complex” fuels a cycle of charismatic rise, institutional erosion, and eventual democratic breakdown, a pattern embedded in the region’s political psychology and historical imagination.

Read More »
Pakistan-Only? The TTP’s Transnational Reality

Pakistan-Only? The TTP’s Transnational Reality

While the TTP publicly claims its insurgency targets only Pakistan, evidence reveals a transnational reality. Supported by Afghan fighters and resources, and shaped by the Afghan Taliban’s strategic interests, the TTP exemplifies cross-border proxy warfare. Understanding its structure, motivations, and operational networks challenges simplistic “Pakistan-only” narratives and underscores the enduring complexities of South Asian security.

Read More »
Pakistan’s Heritage and Rights Ethos: Unlocking Cultural Diplomacy

Pakistan’s Heritage and Rights Ethos: Unlocking Cultural Diplomacy

Pakistan’s diverse cultural heritage, from the hospitality of Pashtunwali and Sufi music in Sindh to folk traditions in Punjab, Balochistan, and Gilgit–Baltistan, reflects an enduring rights-based ethos. These living practices promote dignity, justice, and social inclusion. By integrating these traditions into cultural diplomacy, Pakistan can showcase its soft power while supporting custodians of heritage, artisans, and local communities.

Read More »