KABUL: The Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar Akhund, has approved in principle a major housing project named “Golbahar,” expected to be developed with an $8 billion private sector investment.
According to a statement from the deputy PM’s office today, the meeting was chaired by Mullah Abdul Ghani Baradar, the Deputy Prime Minister for Economic Affairs.
The planned township will be constructed on approximately 11,000 jeribs of land and is designed with a focus on urban development and economic value. Following its initial approval, the project has been referred to a technical committee led by the Economic Deputy Office for further detailed studies.
The committee has been tasked with conducting comprehensive assessments covering technical, economic, social, and environmental aspects, and is expected to submit its report within three months.
Officials say private investors have shown strong interest in the project, and its implementation could not only provide housing but also create employment opportunities for tens of thousands of people.
The development comes as efforts continue to advance large-scale infrastructure and economic projects across Afghanistan.