By the end of last year, an overall volume of accumulated direct investments from the CIS nations in Tajikistan’s economy has reached 950 million U.S. dollar, the Eurasian Development Bank (EDB) Center for Integration Studies said in report, Monitoring of Mutual Investments in CIS Countries 2017, which was released on October 10.
According to the report, Russia has accounts for 90 percent of CIS foreign direct investment in Tajikistan’s economy over the report period.
By the end of 2016, Russia has reportedly invested 930 million U.S. dollars in Tajikistan’s economy and Kazakhstan has invested 10 million U.S. dollars in Tajikistan economy. The remaining amount has been invested by other CIS nations.
The report notes that mutual foreign direct investment among CIS countries rose 7.9 % last year, reaching 45.1 billion U.S. dollars.
The downward trend in the foreign direct investment [FDI] stock of CIS countries between 2013 and 2015 has reportedly been replaced by significant growth.
The ten largest investors in the CIS (now represented not only by Russian companies, but also by Belarusian, Azerbaijani, and Kazakh companies) account for 59% of total mutual FDI stock in CIS countries and Georgia.
The EDB notes that Ukraine has lost the status as the leading CIS FDI recipient. Meanwhile, Uzbekistan’s status as recipient is rising.
According to data from the State Committee on Investment and State-owned Property Management (GosKomInvest) of Tajikistan, an overall volume of foreign direct investments in Tajikistan economy has reached nearly 3.1 billion U.S. dollars by the end of last year.
China has outrun Russia in terms of direct investment in Tajikistan’s economy.
By October 1, 2016, the volume of China’s accumulated direct investments in Tajikistan’s economy reached 1.016 billion U.S. dollars, which was nearly 30 percent of the total amount of the accumulated direct investments.
Over the report period, the volume of Russia’s accumulated direct investments in Tajikistan’s economy reached 985.5 million U.S. dollars, which was 27 percent the total amount of the accumulated direct investments.
Over the first three months of this year, Chinese direct investments into Tajikistan have come to 76.6 million U.S. dollars (USD) — 58.2 percent of the overall total.
Russia was the second largest foreign investor with 20.6 million USD (15.7 percent) over the first quarter of this year.
Russia, however, remains a core element of Tajikistan’s economic survival as long as hundreds of thousands of Tajik laborers earn their incomes there.
