On May 11 in Beijing, during his state visit to China, the President of Tajikistan Emomali Rahmon held a meeting with the heads and representatives of Chinese companies.
Rahmon presented Tajikistan’s favorable economic climate and extensive opportunities, and called on Chinese companies to actively cooperate and participate in the country’s dynamically developing economy.
Following the meeting, more than 50 cooperation documents were signed between Tajik and Chinese companies, aimed at attracting over $8 billion in investment to Tajikistan.
During his speech, Rahmon noted the growing trade turnover between the countries. Chinese investment in the Tajik economy has reached nearly $6 billion, of which approximately $3.5 billion is direct investment.
Rahmon noted Tajikistan’s advantageous geographic location and the implementation of communications projects in the country, which facilitate the formation of new transport and energy corridors and the development of interregional ties.
He underlined that last year, approximately $7 billion in foreign investment was attracted to the national economy, of which approximately $900 million, or 12.5 percent, came from China.
Currently, over 700 Chinese-invested companies operate in Tajikistan.
Rahmon noted that Tajikistan possesses enormous hydropower potential, ranking eighth in the world in this regard. Furthermore, the country has significant proven mineral reserves, including critical elements and strategically important metals such as gold, silver, copper, lithium, antimony, zinc, and tungsten.
The development of modern transport and economic corridors in Tajikistan, connecting China and South Asian countries with the Middle East, was identified as another important factor in developing cooperation with China.
Rahmon drew the attention of Chinese companies to the development of green economy, the efficient use of natural resources, and the introduction of modern technologies in Tajikistan.
In the industrial sector, the country’s extensive opportunities for establishing joint ventures in mineral extraction and processing, metallurgy, chemical, pharmaceutical and light industries were highlighted. The formation of complete value chains and the development of deep processing of raw materials within the country were identified as one of Tajikistan’s strategic goals.
Rahmon also drew the attention of Chinese companies to importance of establishing logistics centers and processing facilities for agricultural products for export.
Photo: president.tj
