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Kazakh-Tajik Joint Investment Fund’s office to open in Dushanbe Wednesday

DUSHANBE, February 7, 2011, Asia-Plus  — Presentation of open joint-stock company OJSC Kazakh-Tajik Joint Investment Fund will take place in Dushanbe on February 9, according to the State Committee on Investment and State-owned Property Management (GosKomInvest).

We will recall that the heads of state of Tajikistan and Kazakhstan signed an investment deal in Dushanbe in September 2007 during Kazakh President Nursultan Nazarbayev’s official visit to Tajikistan.  The sides agreed to set up a joint investment fund of 100 million U.S. dollars that will be used to invest in projects in Tajikistan.  Under the agreement, Kazakhstan provides 80 percent of the money for the fund.

The fund will give priority to the economic areas that are of interest of both countries: electric power generation, agriculture, the mining industry and other important spheres of the economy, the source at GosKomInvest said.   

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