China invested in coal and gas extraction and solar panel production in Tajikistan

On May 21 of this year, the government of Tajikistan and a Chinese state company signed an agreement on investments in coal and gas extraction, as well as in the production of solar panels.

This was reported by the press service of the Ministry of Economic Development and Trade of Tajikistan.

On May 21 of this year, the Minister of Economic Development and Trade of Tajikistan, Zavki Zavkizoda, met with the head of the China Pingmei Shenma Holding Group Co. Ltd, Li Mao, the deputy general director of Pingmei Longji New Energy Technology Co., Ltd., Li Xin, and the chairman of Pingmei Longji New Energy Technology Co., Ltd., Gao Zhixian.

During this meeting, Zavki Zavkizoda urged Chinese companies to invest in coal and gas extraction, solar panel production, the construction of metallurgical enterprises and thermal power plants in the city of Dushanbe, a textile complex for the full cycle processing of cotton fiber into finished products, pharmaceutical enterprises, and the implementation of other priority investment projects in the country.

It was reported that China Pingmei Shenma Holding Group Co. Ltd is already working on the construction of solar power plants in the SEZ “Panj” and “Dangara” with a capacity of 1000 MW, into which it is investing $400 million. It was also reported that this corporation has already invested $60 million in a project for the extraction and processing of coal from the “Shurob” deposit with an annual capacity of 1 million tons of coal, which will subsequently be processed into chemical products.