H.E. Hamid Karzai, President of the Islamic Republic of Afghanistan, hailed the inauguration of the Kabul City Center as a great success and said, “It marks a quantum leap forward in Afghanistan’s efforts to encourage private investment in the country and achieve full economic growth.”

H.E. Hedayat Amin Arsala, Senior Advisor to the President and Minister of Commerce, inaugurated the Kabul City Center this morning. The Kabul City Center has been built by the Safi Group of Companies (SGC) and over US$ 35 million was expended for its construction. This landmark building, built to modern international standards, has trade, hotel and restaurant facilities.

The SGC has invested heavily in various sectors and has played a major role in the reconstruction and development of our country over the past three years. The SGC has built a twenty-storey twin tower building and eight residential complexes and has also established the Stone Crushing and Gypsum factories in Herat province.

President Karzai praised the SGC’s development activities in Afghanistan and said, “The private investment by the SGC has created good employment opportunities for the people of Afghanistan.”