DUSHANBE, November 7, 2014, Asia-Plus – Tajik President Emomali Rahmon today met in Beijing with Mr. Sie Fuchzhan (phonetically spelled), Governor of China’s Henan Province, according to the Tajik president’s official website.
Companies based in this province reportedly intend to closely cooperate with Tajik business circle and plan to launch joint agricultural processing ventures in Tajikistan.
The meeting resulted in signing of a memorandum of understanding (MoU) on cooperation between Tajikistan and China’s Henan Province in the fields of agriculture and industry, the source said.
The Chinese side reportedly intends to invest more than 800 million U.S. dollars in construction of farm produce processing enterprises in Tajikistan.
They will construct first flourmill, fertilizer enterprise, and cook oil producing and seed processing plant. They also plan to construct enterprise for assembling agricultural machines and producing fodders.
Henan is a province of the People”s Republic of China, located in the central part of the country. Henan has seen rapid development in its economy over the past two decades, and its economy has expanded at an even faster rate than the national average of 10%. This rapid growth has transformed Henan from one of the poorest provinces to one that matches other central provinces, though still relatively impoverished on a national scale.
Henan is a semi-industrialized economy. Agriculture has traditionally been a pillar of its economy, with the nation”s highest wheat and sesame output and second highest rice output, earning its reputation as the breadbasket of China. Henan is also an important producer of beef, cotton, maize, pork, animal oil, and corn. Although Henan”s industry has traditionally been based on light textiles and food processing, recent developments have diversified the industry sector to metallurgy, petrol, cement, chemical industry, machinery and electronics. Henan has the second largest molybdenum reserves in the world. Coal, aluminum, alkaline metals and tungsten are also present in large amounts in western Henan. Export and processing of these materials is one of the main sources of revenues.
