DUSHANBE, April 26, 2013, Asia-Plus — In his annual address to the Parliament, Tajik President Emomali Rahmon today outlined problems that scare away foreign investors.
According to him, foreign investors consider the geographical location of Tajikistan, which has a long common border with Afghanistan, as one of main risks for investment in Tajikistan.
Another reason for low inflow of foreign investments in Tajikistan’s economy is the power deficiency. “Who wants to invest in the country, which experiences acute power shortages during six months a year?”
Rahmon noted that development of all sectors of the country’s economy depended on development of the hydropower sector.
He said that some 12 billion somoni had been spent over the past seven years for rehabilitation and construction of hydroelectric power plants in the country.
The president further added that ten investment projects for a total amount of 6 billion somoni were currently being implemented in Tajikistan.
