International Home Finance & Development (Afghanistan)
GCI has been a strategic partner of International Home Finance & Development, which targeted the potential development of Parcel 1, Phase 1 in the Kabul New City Development, known as KNCD, a multi-billion US dollar initiative by the Government of Afghanistan.
GCI played a strategic role while providing various business and financial advisory services in this mega-development initiative.
The project aimed to construct in excess of 13,000 housing units and over 3.3 million square metres of commercial space on 455 hectares of land. A total of 250 hectares of land was committed to the promoters. However, due to unrest and changes in government, the project could not take off.
Reference website: http://www.IHFD.com
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