Eight new industrial enterprises will be built in Tajikistan

Asia-Plus

In a statement released at a news conference in Dushanbe, the head of the State Committee on Investment and State-owned Property Management (GosKomInvest) Farrukh Hamralizoda noted on February 11 that Tajikistan last year signed a number of investment projects.

“In 2019, Tajikistan signed seven investment projects on establishment of eight new industrial enterprises in the country with attraction of domestic and foreign investments.  Under these agreements, a confectionery plant will be built in the Roudaki district, cement plants will be built in Dushanbe and the Balkhi district of the Khatlon province and so forth,” said Hamralizoda.  “About 2.4 billion somoni will be allocated for implementation of these projects.”

“To-date the number of active state investment projects reached 65 in Tajikistan,” GosKomInvest head said. 

According to him, a total value of these projects is more than 32 billion somoni, including loans amounting to 16.9 billion somoni (52.5 percent), grants – 13.6 billion somoni (42.4 percent), and Tajik government’s contribution – 1.4 billion somoni (4.4 percent).   

To-date, 3.6 billion somoni has reportedly been utilized in the framework of the active projects.  

According to data from GosKomInvest, Tajikistan last year received about US$346 million in direct investment, which was 6.0 percent more than in 2018.  

China reportedly leads in terms of direct investment in Tajikistan’s economy in 2019 – 262.3 million U.S. dollars.  China is followed by Russia – 33.1 million U.S. dollars.  Turkey is in third place – 13.5 million U.S. dollars. 

 

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