Who are they – the main investors in Tajikistan’s economy?

Mehrangez Sultonzoda

As of July 1 of this year, the inflow of foreign capital to Tajikistan amounted to $1.95 billion, which is 45.9% more than in the same period last year.

The volume of foreign direct investment amounted to $153.9 million.

This was reported to journalists by the State Committee for Investment Management and State Property of the Republic of Tajikistan.

According to the committee, 88 state investment projects totaling $4.65 billion were implemented in the country in the first half of 2024.

Thus, the main part of investments in the country's economy (more than 40%) comes from the state budget, whereas in other countries of the region the share of foreign investments and the population prevails.

The Chairman of the Committee, Sulton Rahimzoda, assured that Tajikistan is taking measures to remedy the situation. According to him, one of the main mechanisms for attracting capital is the presentation of the country's investment opportunities. For this purpose, 8 investment business forums were organized abroad during this period.

"One of the areas where we are increasing our efforts is the opportunities for green investments. The current global trend requires investments to be green, that is, projects that contribute to the development of a green economy are more often invested today. Green energy plays a key role in this area. Therefore, we can say that Tajikistan has every opportunity to become a country of green investments," Rahimzoda said.

Another aspect for attracting additional investments to Tajikistan is the extraction of minerals. According to Sulton Rahimzod, in order to increase investments in the field of mineral processing, the committee assists producers in obtaining "green certificates".

"Thanks to the efforts of the Ministry of Industry and New Technologies, copper and aluminum processed in Tajikistan already have a green certificate. In total, 10 of the 12 main minerals needed for the transition to a green economy and production are found in Tajikistan, and 6 of them are already being processed. There are great opportunities in this direction, and we will try to use them," the chairman of the committee concluded.

Sulton Rahimzoda added that one of the last three investment agreements was concluded with a Korean company, and the other two with local companies. That is, Tajik companies are also starting to invest in the country's economy.

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