Tajikistan attracted hundreds of millions of dollars

Last year, nearly 430 million dollars were invested in the country’s economy from other countries.

Photo: Internet

According to Kodirzoda, in 2022, direct investments of about 430 million dollars were attracted to the country from China, Turkey, Russia, and other countries. This was reported to journalists on February 14 by the Chairman of the State Committee for Investments and State Property Management, Saadi Kodirzoda.

“85% of direct investments are directed to the extraction of mineral resources, 13% to production and processing, and 1.7% to construction and other sectors,” he noted.

According to him, there are currently 72 state investment projects being implemented in the country with a total amount of nearly 4 billion dollars. In 2022, 21 new agreements were signed with development partners for the implementation of state investment projects totaling more than 717 million dollars.

Kodirzoda noted that one of the major investment agreements was the agreement between Tajikistan and BTK Group JSC for more than 200 million dollars, which provides for the launch of a joint Tajik-Russian sewing factory in Tajikistan.

He stated that work is currently underway on agreements with Russia in the mining, banking, and other sectors.

Tajikistan considers Russia to be its main trading partner. The foreign trade turnover between the two countries in 2022 exceeded 1.67 billion dollars, which is nearly 24% higher than the corresponding figure for 2021.