Indian Companies Invest In Afghanistan's Healthcare
Muhammad Irfan 3 days ago Sun 17th March 2019 | 07:00 PM
KABUL (UrduPoint / Pakistan Point News / NNI - 17th March, 2019) Three Indian health organizations signed contracts with an Afghan health company at the Ministry of Public Health (MoPH) to expand the provision of quality healthcare in Afghanistan, the US mission in Afghanistan, USAID, said in a statement on Sunday.The contracts, with an estimated value of $6.5 million, aim to establish a fully equipped diagnostic center, an advanced dialysis center, and a manufacturing plant for the production of pharmaceuticals in Kabul.This builds on the initial talks in the USAID sponsored Passage to Prosperity: India-Afghanistan Trade and Investment Show in 2018.Despite progress in the health sector, access to quality secondary and tertiary healthcare is still limited in Afghanistan.
As a result, many Afghans seek healthcare abroad, spending an estimated $285 million annually.The Government of Afghanistan is encouraging regional and international investment to expand healthcare inside the country and to alleviate the need for people to go abroad.Ferozuddin Feroz, Minister of Public Health, expressed appreciating for local and Indian investments in the health sector.
"The private health sector is an integral part of Afghanistan's health system and plays a crucial role in meeting the demands of Afghans for healthcare.
The partnerships between the Afghan health businesses and Indian organizations that we witness today will help fill the gap in service delivery in the country," Feroz said.He invited other international investors and organizations to consider investing in the most needed areas in Afghanistan."Increased investment in the health sector not only improves the health of the population, but also spurs economic growth through job creation, improved local skills, and additional resources for development," USAID Mission Director Peter Natiello said.Mustafa Mastoor, Minister of Economy, expressed his commitment to fostering an enabling environment to expand private sector investment in the country.Representatives of the MoPH, other government ministries, stakeholders, and the private sector participated in the event.