The Chinese government is set to build 10,000 apartments in Afghanistan, at an investment of $300 million, said a report.
The deal for construction of the first tranche of 1,400 apartments in the capital, Kabul, was signed by
Afghanistan’s Minister of Urban Development and Housing, Sayed Saadat Mansour Naderi, and the Chinese Ambassador to Afghanistan, Yao Jing, last week, reported GCR.
As per the agreement, China will fund construction of 10,000 apartments in total with the initial phase totalling 1,400, said Naderi during the signing ceremony.
This first phase is expected to take two years with work expected to start within two months, it added.