The main investors in Tajikistan's economy are China and Russia. In 2024, the total volume of foreign capital amounted to $4.9 billion, which is $2.1 billion (or 72.7%) more than in 2023.
Of the total investments received:
Dushanbe – $4,128 billion
Sughd region – $761.2 million
Khatlon region – $11.8 million
other regions of the republic – $3.2 million
Gorno-Badakhshan Autonomous Region – $1.3 million
China remains Tajikistan's main investor, but the share of Chinese investments in the country decreased in 2024 compared to previous years.
Nevertheless, statistics show that Chinese investment increased compared to the previous two years, from $109.2 million in 2023 to $150.9 million in 2024, an increase of $41 million.
In addition, according to Sulton Rahimzoda, Chairman of the State Committee for Investment and State Property Management (which he announced at a press conference on February 11), from 2007 to 2024, the share of Chinese investments in Tajikistan decreased from 45.7% to 38%.
Also, according to him, in 2024 there is a decrease in investments from Russia, compared with the first half of the previous year, while the UK took the place of Russia, becoming the third largest investor in Tajikistan.
Sulton Rahimzoda noted that of the total investments, $394.3 million, or 8%, is foreign direct investment, which is 38.8% more than in 2023. Most of these investments are directed to the processing industry, which accounted for 44.7%.
While previously the majority of investments went into the extractive industry (44.6% in the period from 2014 to 2023), in 2024 investments in refining almost doubled.
According to the head of the Investment Committee, most of the goods produced in the country are now processed domestically, which increases added value and creates new jobs.
In addition, 6 investment agreements totaling $2.1 billion were signed in 2024, which, if implemented, will create 9,000 new jobs in Tajikistan.
