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Abduction, murder scare businessmen

By Akhtar M. Nikzad-KABUL: Businessmen and entrepreneurs face serious threat of abduction and murder, the Afghanistan National Entrepreneurs Board, adding that 24 businessmen had been kidnapped who had killed eight in the past two months.

Head of the board Rahimuddin Hajji Agha said Monday that businessmen and entrepreneurs were unable to work easily as they are worried about their safety.

“Industrial sector and trade comprise the backbone of the country’s economy, if this sector influenced by insecurity and negligence of the government then Afghanistan would not have economical growth forever,” Agha said.

He asked the government to take practical measure for protection of investors, warning that they would pull their capitals out of the country if the situation remains crucial.

Abdul Rahim Faizan, deputy of the board, said the government did not care of improvement of industry sector, adding that the government imposed more constrains against entrepreneurs equally.

“The government provides no considerable facilities for investors in the country, government recently has decreased one percent the custom tariff for crude material, but instead increased 25 percent in cost of electricity against industrial factories,” he asserted.

He asked the government to revise the cost of electricity and decline 25 percent enhancement against industrial parks.

Faizan warned if the government doesn’t give heed over these challenges, 60 percent of small and medium industrialists would collapse in the current year which imposes a great damage to the economy of the country.

Lack of industrial banks, kidnapping, killing, being high custom tariff of the crude materials and expansive cost of electricity are the main challenges faced by the entrepreneurs.

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