Funds will be directed to the energy, transport, and financial sectors. Photo: Internet The Asian Development Bank will allocate $465 million to Tajikistan over three years (2022-2024). This was announced to journalists by the head of the ADB office in Tajikistan, Shenni Campbell. She reported that for 2022, investments of $190 million are planned for […]
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Funds will be directed to the energy, transport, and financial sectors.
Photo: Internet
The Asian Development Bank will allocate $465 million to Tajikistan over three years (2022-2024). This was announced to journalists by the head of the ADB office in Tajikistan, Shenni Campbell.
She reported that for 2022, investments of $190 million are planned for the implementation of five projects. The projects will be implemented in the energy, transport, and financial sectors, as well as in the area of climate change (natural disasters) and water supply in the city of Dushanbe. The funds will be provided as grants.
Shenni Campbell emphasized that last year the ADB financed two projects to provide vaccines for combating COVID-19 and the implementation of an irrigation project in the Yavan district of the Khatlon region.
Campbell stated that the bank will focus on supporting the country’s budget and economic recovery.
“Tajikistan has demonstrated high economic growth after the pandemic. However, this growth does not increase new jobs. Therefore, the projects are aimed at creating new jobs. In particular, the education project (vocational technical school) is not only about training specialists to work abroad. It is also aimed at preparing specialists for the domestic market,” she noted.
Tajikistan joined the ADB in 1998. Over 23 years, the ADB has become the largest multilateral development partner for Tajikistan, supporting a wide range of sectors – from strategic road and energy infrastructure to food security and social services, with a total assistance amounting to approximately $2.2 billion.
Photo: Internet