Tajik Embassy in Brussels hosted an investment forum on May 18.  Tajikistan presented various sectors of its economy at the forum to attract foreign direct investment (FDI) in its economy. 

The forum participants reportedly included senior representatives of largest companies of Belgium, Switzerland, the United Kingdom and some other European countries   as well as heads of Tajikistan’s ministries of economic development and finances as well as state committee on investment and management of state-run property, tourism development committee, trade and industry chamber and a large group of Tajik entrepreneurs.  

Press release issued by the Tajik Embassy in Brussels says senior representatives of various institutions of the European Union, the European Parliament and about 115 prominent entrepreneurs of the region representing light industry, mining and agrarian sectors as well as information technologies and artificial intelligence sectors participated in the event.     

Tajikistan’s tourism opportunities were also presented at the forum in Brussels.

A number of cooperation documents were reportedly signed on the sidelines of the investment forum.  Mr. Najibullo Rajabzoda, Chairman of the Board of Directors of the Tajik Aluminum Company (TALCO) and Mr. Andrew Prelea, Chief Executive Officer (CEO) at VAST RESOURCES PLC signed a memorandum of understanding (MoU) with a total investment of US$20 million. 

Tajikistan’s Avesto Group and Belgian PICANOL NV signed a Memorandum of Understanding (MoU) on cooperation in the field of textiles and clothing.

Tajikistan’s Amina and Belgium Intreco signed a Memorandum of Understanding (MoU) on cooperation in expanding production of feed additives in Tajikistan.