During a visit of Uzbek President Shavkat Mirziyoyev to Tajikistan, the governments of Tajikistan and Uzbekistan have agreed to establish a joint investment company.
A draft agreement on the establishment of the company, in particular, says the company is established to expand investment collaboration between the two countries and develop direct ties between business communities of the two countries.
An authorized capital of the Tajikistan-Uzbekistan Investment Company, which is established by Tajikistan’s State Unitary Enterprise (SUE) Tajinvest and the Uzbekistan Fund for Reconstruction and Development, is expected to amount to 12 million U.S. dollars.
The Uzbekistan Fund for Reconstruction and Development will own 75 percent of the shares and Tajinvest will assume the 25% ownership interest in the company.
The parties plan to sign the agreement in the near future.
The company with a legal address in Dushanbe is being established to finance joint projects in Tajikistan.
