Tajikistan officials participated in the Organization of Islamic Cooperation (OIC) high-level public and private investment conference that took place in Istanbul, Turkey on December 8-9.     

Tajikistan was represented by Farrukh Hamraliyev, Chairman of the State Committee on Investment and State-owned Property Management (GosKomInvest), Sherali Kabir, Director of the Tajik Aluminum Company (TALCO), and Umed Abdurahmonov, Director of Rohat Tour Company, according to the GosKomInvest press center.  

In a statement delivered at the conference, GosKomInvest head reportedly introduced opportunities of investment in Tajikistan.

According to data from GosKomInvest, foreign direct investments made in Tajikistan’s economy over the past eleven years have amounted to 3.6 billion U.S. dollars. 

The OIC Investment Conference was held was held in collaboration with the Presidency of the Republic of Turkey Investment Office, the General Secretariat of the OIC, and the Islamic Development Bank Group with a view to boosting the volume of intra-OIC investments, eliminating barriers to trade and investment, and ensuring sustainable socio-economic development.

The theme of the conference was “Unleashing Intra-OIC Investment Opportunities: Investment for Solidarity and Development.” 

One of the main objectives of the Conference was to get a better assessment of the investment opportunities and implications associated with doing business in the region by involving all key stakeholders and allowing them to make informed decisions about investments and reforms.

The Conference participants reportedly included a selection of businesspeople from a range of leading companies in the area of banking, construction, tourism, and commerce sectors operating in the OIC geography, in addition to 56 OIC member states, observers, and international organizations. 

OIC Investment Conference provided a key win-win platform between the OIC private and public policymakers to discuss policy recommendations that would enable them to reach a vibrant public and private dialogue.