The European Bank for Reconstruction and Development (EBRD) has invested over €1 billion in Tajikistan’s economy through 185 projects, with nearly 90% of funds allocated to infrastructure development. The announcement was made by Holger Wiefel, Head of the EBRD Resident Office in Tajikistan, during the “Khatlon Invest – 2025” forum.
According to Wiefel, the EBRD has operated in Tajikistan since 1993 and has become the country’s largest institutional investor over the past three decades. The bank places special emphasis on regional development, having implemented 16 projects worth over €170 million in the Khatlon province alone.
Infrastructure accounts for 88% of total investments, covering road modernization, water supply and sanitation, public transportation, digital technologies, and waste management. These projects have significantly improved living conditions, providing more than 20% of the population with better access to essential services.
The remaining 12% of EBRD investments support the financial sector and local businesses through partnerships with banks such as Bank Eskhata, ICB Tajikistan, Arvand, Humo, and others — with a focus on small and medium-sized enterprises.
The EBRD also works closely with international donors and partners, including Switzerland, Japan, South Korea, the European Union, and the Women Entrepreneurs Finance Initiative (We-Fi).
Khatlon province remains a priority for the bank. Since 2009, the EBRD has upgraded water supply systems in Danghara, Bokhtar, Kulob, Yovon, and Jomi; introduced electric buses and digital solutions in public transit; and supported key road reconstruction projects.
Nationwide, the EBRD has carried out more than 1,500 consulting projects, including around 30 in Khatlon, and organized over 40 market development events to support private sector growth.
