GGC seeks innovative ideas for country’s development
The Gharany Group of Companies (GGC), a leading business conglomerate in Afghanistan, has announced that it is ready to provide capital to Afghans who have good business plans for the development of the country. The group is seeking business plans from the people who have workable ideas but cannot implement them due to financial problems.
GGC chief Ahmad Yar Gharany told Pajhwok Afghan News that he wanted to encourage and support the entrepreneurial spirit of Afghans inside and outside the country. He said that anyone could share their business plans and innovative entrepreneurship ideas with GGC for evaluation by a special committee.
GGC to provide capital based on profit and loss sharing agreement
According to Gharany, the interested individuals, whose proposals are approved by the committee, will be invited to negotiations. When selected, they will be provided with capital based on an agreement on the sharing of profit and loss between the parties.
Gharany said that the most important thing for him was a good business plan that was viable and in accordance with the conditions in Afghanistan. He said that he was not looking for any specific sector or industry, but rather for ideas that could create value and employment for the country.
GGC’s initiative welcomed by economists and public
Economist Abdul Wafi Naibzai told Pajhwok Afghan News that GGC’s initiative was a very commendable step that could help promote businesses and create opportunities for people. He said that ascertaining the views of Afghans by a reliable organisation and their implementation would be a fruitful exercise.
The public also expressed their appreciation for GGC’s offer and hoped that it would benefit the country’s economy and society. Some of them said that they had some business ideas that they wanted to share with GGC and hoped to get their support.
