Azizi Group seeks participation in investment projects in Tajikistan

Payrav Chorshanbiyev

DUSHANBE, July 9, 2010, Asia-Plus  — Establishment and expansion of bilateral mutually beneficial cooperation was a major topic of a meeting of Sharif Said, the head of Tajikistan’s Chamber of Commerce and Industry (CCI), with Dr. Tahiri, the deputy head of Azizi Hotak General Trading Group (Azizi Group), which took place here on July 8, according to the CCI press service.

The sides considered issues related to establishment of cooperation of Azizi Group with Tajik enterprises and investment of joint projects.

Azizi Group is the leading supplier of oil products to Afghanistan and operates two banks – Azizi Bank and Bakhtar, the CCI press service said.

In the course of the talks, Dr. Tahiri noted that the company was interested in opening of an affiliate of its bank here in order to invest in various sectors of Tajikistan’s economy.  “This is, first of all, construction of small and medium-sized hydropower plants, housing construction, mining and processing of precious and semi-precious stones, construction of hotels, roads, bridges and tunnels, as well as tourism infrastructure development projects,” the source noted.  

According to Azizi Group’s website, based in the United Arab Emirates (UAA), Azizi Hotak General Trading Group is owned and governed by the president Mr. Mirwias Azizi, citizen of Afghanistan.   The company ha sits branches and daughter companies in 10 countries of the world with overall number of 5,450 employees.  The company’s private bank, Azizi Bank, was launched in Kabul on Jun 13, 2006.  

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