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Air Afghanistan Opens New Hub, German Investors Pour Money

By Fe Sison & Lucy Yi

HAMBURG, GERMANY – Air Afghanistan officially opens its first European hub with Flight 607, from the city of Hamburg to London, England. Air Afghanistan is the first airline from the Islamic republic to serve a European city since the flag carrier Ariana Afghan Airlines. This also opened up Germany for Air Afghanistan Cargo, which would serve local cities with Russian Antonov An-14s. International service for cargo is due to begin next month with the purchase of longer-range aircraft.

All this would not be possible without the help of the Löwe-Wodarczyk Group, which provided most of the money for the construction of the new hub. Yet this is not the end of the road for them, for their investors are due to visit Afghanistan along with members of Air Afghanistan and Ministry of Trade of Afghanistan.

"There are lots of things to invest on in Afghanistan," said newly-appointed Trade Minister Musa Muhamedow. "And with the help of the Löwe-Wodarczyk Group, we are looking at the potential for tons of money to flow to my country."

Things are surely looking good for Afghanistan, who only a decade ago had been avoided by investors like the plague, is now the fastest-growing investment location in Asia, second only to the Philippines. Rumors abound that Löwe-Wodarczyk is planning to invest almost a billion dollars on various sectors of the country, which, according to Mr. Muhamedow, "would boost the economy by almost epic proportions."