IRPT sets up fund for receiving money from its members for shares in Roghun

DUSHANBE, December 29, 2009, Asia-Plus  — The Islamic Revival Party is setting up a special fund, to which the party members could transfer money for buying shares in the Roghun hydroelectric power plant (HPP), Hikmatullo Sayfullozoda, a spokesman for the IRPT, said in an interview with Asia-Plus. According to him, the fund is being set […]

Rasoul Shodon

DUSHANBE, December 29, 2009, Asia-Plus  — The Islamic Revival Party is setting up a special fund, to which the party members could transfer money for buying shares in the Roghun hydroelectric power plant (HPP), Hikmatullo Sayfullozoda, a spokesman for the IRPT, said in an interview with Asia-Plus.

According to him, the fund is being set up in order to ensure that money that will be invested by the IRPT members in construction of the station will not be used in vain.

“For example, if the member party wants to buy one share in Roghun (the face value of the share is 100 somoni), he/she transfers 100 somoni to this fund and the party will buy share for him/her,” said Sayfullozoda, “The point is that our party wants to ensure that its members’ funds invested in construction of the Roghun HPP will not disappear as it was during buying shares in the Sangtuda HPP.  However, if these funds disappear, the party will act as petitioner.”

He added that the IRPT wanted to avoid mistakes made during buying shares in the Sangtuda-1 station.  “In the mid-1990s, Tajik nationals were buying shares in the Sangtuda-1 HPP and later, they knew that Russia assumes the 75 percent ownership interest in the station.  Nobody knows what has happened to money people invested in the Sangtuda-1 station.” 

Join us on social media!

Article translations:

Related Article

Оби зулол
Оби зулол
Tenisi

Most Read

Коммерсбонк Точикистон

Recent Articles

Major global investment companies show interest in Tajikistan’s economy

Among them are J.P. Morgan, Loomis Sayles & Company, Morgan Stanley Investment Management, and Global Evolution.

President Rahmon awarded UN University for Peace Certificate of Recognition

He is awarded for "significant contribution to establishing peace, developing regional cooperation, and strengthening mutual understanding between peoples."

Starlink satellite internet becomes available in Kyrgyzstan

And in Tajikistan, it was launched in February of this year.

In Dushanbe, 30 more new electric buses start operating

Each is designed to carry 100 passengers and can travel up to 300 kilometers without recharging.

Who is the man who “increased the Aryan race” and told the President of Tajikistan about it?

Kozie Koziyev, a folk craftsman, built dozens of houses, participated in the construction of a mosque and a kindergarten in Matcha, raised 11 children, and created a true dynasty of builders.

Tajik leader discusses water, climate, and global security issues with UN Deputy Secretaries-General

The parties paid special attention to the "Dushanbe Water Process," parliamentary diplomacy, and the peaceful resolution of conflicts.

Tajikistan completes the spring military draft target ahead of schedule

There is still a week left until the end of the conscription campaign.

Custodian of non-written languages and builder of academic bridges; philologist Khusrav Shambezoda turns 70

He could have devoted himself exclusively to the study of classical heritage, but he chose the challenging path of preserving the living word — and Tajik-Russian science gained in him a brilliant sociolinguist whose name became synonymous with dedication.

Tajikistan ranks among the top three leading trade reformers in Europe and Central Asia

The country has shown progress in the digitalization of trade procedures, the reduction of paper barriers, and the enhancement of transparency for exporters.

China to send workers to Tajikistan for modernization of the Kulma BCP

This is the only land border crossing point between Tajikistan and China.