AFGHANISTAN COTTON PRODUCTION INVESTMENT GUARANTEES MIGA WORLD BANK
March 1st, 2006
BY KEITH NUTHALL
THE MULTILATERAL Investment Guarantee Agency (MIGA), of the World Bank, has provided US$1.07 million in investment guarantees for an export-oriented cotton project in northern Afghanistan. The aim of the New Afghanistan Project for Cotton and Oil Development (NAPCOD) is to produce, collect, and gin cotton, (also refining cotton seeds to produce animal feed and oil). NAPCOD has already purchased cotton from more than 4,600 farmers, aiming to increase that to 20,000 by 2008. It is a joint venture between DAGRIS SA, (itself majority-owned by the ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.