China’s Dongfeng Audi Motors will invest $50 million to establish a vehicle manufacturing facility in Afghanistan, a move expected to create hundreds of local jobs and boost industrial growth.
In a significant boost to Afghanistan’s industrial sector, Chinese automaker Dongfeng Audi Motors has announced plans to invest $50 million in setting up a vehicle manufacturing plant in the country. The project, expected to be completed in three and a half years, will unfold in four phases and aims to produce 2,000 vehicles annually, including high-performance cars, trucks, and ambulances.
The proposal was formally presented to Mawlavi Ahmadullah Zahid, Deputy Minister of Industry and Commerce of Afghanistan’s interim administration, during a meeting on Monday, May 5th. Company representatives outlined their vision for the factory, which is projected to generate between 500 and 700 jobs for local workers, providing a much-needed economic lift.
Deputy Minister Zahid welcomed the investment, reaffirming Afghanistan’s commitment to fostering a secure and business-friendly environment for foreign investors. He assured full cooperation from the Ministry of Industry and Commerce, pledging to facilitate infrastructure development, streamline legal processes, and remove any obstacles to ensure the project’s success.
This initiative marks a major milestone in Afghanistan’s efforts to revive its industrial base and attract foreign capital. By establishing a domestic automotive production facility, the country aims to reduce reliance on imports, stimulate economic growth, and create sustainable employment opportunities. The Dongfeng Audi Motors investment signals growing confidence in Afghanistan’s potential as an emerging market for international businesses.
With the first phase of construction set to begin soon, the project is poised to play a pivotal role in strengthening Afghanistan’s manufacturing capabilities and supporting long-term economic stability.
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The European Commission has proposed its 17th sanctions package against Russia, targeting over 100 shadow fleet vessels and dozens of entities aiding Moscow’s war efforts, including firms in China.
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The UK and India have finalized a significant free trade deal after years of negotiations, marking a key post-Brexit agreement for the UK.
Nearly 100 young and middle-aged military officers from over 40 African countries including Egypt, Mozambique, Tanzania and Kenya have started a 10-day visit to China at the invitation of the Chinese Ministry of National Defence.
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