Home / Latest Updates / Stalled construction projects worth $5b behind joblessness

Stalled construction projects worth $5b behind joblessness

AT News

KABUL: Construction projects worth over $5 billion in Afghanistan have been stalled since Taliban takeover driving up unemployment, according to the union of private construction companies.

The Union is urging the Taliban government to appoint a minister of urban development and housing, to address the uncertainty of construction projects in Afghanistan.

The country is going through economic turmoil after the Taliban took over. With the deteriorating economy, many development and construction projects have been put to a halt.

The members of the union of private constructions companies on Sunday showed frustration and revealed that construction companies have not been paid despite investments on the projects.

Farid Tatar Head of the union said projects that are worth approximately five billion dollars remain unfinished. Every day we appeal to the prime minister and deputy ministers. Despite making pledges, they have not found a solution for our problems.”

The majority of the people working for construction companies are unemployed now. There are nearly 2,500 active construction companies in Afghanistan, who are facing the brunt of the prevailing halt and uncertainty in the industry after the Taliban swept into Afghanistan.

A member of the union said, “Today everything has stopped. The winter approaches and the projects face collapse but no one cares about the projects.”

Adding to the list of surging unfulfilled commitments and pledges, the Islamic Emirate again pledged that it would soon introduce the minister of urban development and housing.

“The selection of the cabinet is still on track. The authorities are attempting to select professional figures who have the capacity and good quality. We expect the appointment of the (minister) soon,” said Bilal Karimi deputy spokesman for the Taliban.

About Sediq Jan

Check Also

Hotak returns to Kabul after beating Azerbaijani rival

AT Kabul: Afghan Mixed Martial Art fighter Ahmad Wali Hotak on Tuesday returned to the …