European investment fund CFC s.r.o. plans to invest more than $200 million in the development of the Tajik privately-owned air carrier Shohin Airlines. The investment agreement is set for a five-year period, the airline said on its Facebook page.
The final round of negotiations took place in Dushanbe at the airline’s office on March 10. The meeting was attended by Shohin Airlines CEO Zafar Ahmadzoda and CFC s.r.o. founder Guntars Selikovs.
During the talks, the parties discussed prospects for strategic partnership and long-term investment in the development of Tajikistan’s civil aviation sector. The company noted that following the recent upgrade of Tajikistan’s credit rating by international agencies Moody’s and S&P Global Ratings, European partners expressed confidence in the country’s economic stability and readiness to expand their investment presence.
ИЗОБРАЖЕНИЕ
As a result of the negotiations, the parties signed an agreement to invest in Shohin Airlines. The funds will be used to expand the airline’s fleet, develop operational activities, and strengthen its infrastructure base.
According to Ahmadzoda, the investment will help accelerate fleet expansion, broaden the airline’s route network, and contribute to the development of Tajikistan’s civil aviation sector.
Selikovs said the negotiations lasted more than six months and included working meetings in Dubai and several European countries. He added that the improved credit rating of Tajikistan also strengthened investor confidence in the country’s economy.
Shohin Airlines is a new private airline registered in Tajikistan. It is based at Dushanbe International Airport, where its headquarters and main office are located.
The company currently operates specialized helicopter flights.
ИЗОБРАЖЕНИЕ
In the coming months, it plans to add a turboprop passenger aircraft L-410 NG, produced by the Czech company Aircraft Industries, to operate regional routes.
Tajikistan civil aviation authorities says Shohin Airlines is actively expanding its presence in Tajikistan's civil aviation market. However, they have not disclosed the company’s ownership details.
Registered in the Czech Republic, the investment fund CFC s.r.o. specializes in investments in infrastructure and technology projects. Its investment capacity is reportedly estimated at around €500 million.
