A delegation of Saudi entrepreneurs has arrived in Dushanbe to get acquainted with opportunities of investing in Tajikistan’s economy, according to the State Committee on Investment and State-owned Property Management (GosKomInvest).
“Joint business forums with participation of representatives of business communities of both countries will take place on May 9 in the Sughd province and on May 10 in Dushanbe,” an official source at GosKomInvest said, noting that exhibitions of Tajik goods will take place on the sidelines of the forums.
Recall, the second session of the Tajik-Saudi commission for trade and economic cooperation took place in Riyadh on April 1-2.
Co-chaired by Farrukh Hamralizoda, Chairman of GosKomInvest and Dr. Ayedh bin Hadi Al-Otaibi, Deputy Governor of the Saudi Arabian General Investment Authority (SAGIA) for Developing Investment Environment, the meeting focused on issues related to economic cooperation between the two countries.
The meeting participants reportedly discussed issues related to expanding bilateral cooperation between Tajikistan and Saudi Arabia in the fields of commerce, agriculture, investment, energy, transport, tourism, education and culture.
They also discussed the possibility of setting up the Joint Direct Investment Fund and the Business Council.
On the sidelines of the session, Hamralizoda held talks with Dr. Ayedh bin Hadi Al-Otaibi, Eng. Majid bin Abdullah Al-Bawardi, Deputy Minister of Commerce and Investment of Saudi Arabia and Yousef Ibrahim Albassam, Managing Director of the Saudi Fund for Development.
Meanwhile, two meetings of representatives of the business communities of Tajikistan and Saudi Arabia reportedly took place in Riyadh and Jeddah on April 2 and 3.
In 2007-2017, entrepreneurs from Saudi Arabia reportedly invested 160.2 million U.S. dollars in Tajikistan’s economy.
