The Government needs to undertake additional measures to further improve the investment and business climate, in particular for direct investment, ensure the implementation of guarantees, incentives and public support activities, to encourage and appreciate entrepreneurs, as well as to develop the investment and business infrastructure.
President Rahmon’s call came during an address to a joint meeting of both chambers of parliament that took place on December 23.
“It should be mentioned that we have mobilized more than 152 billion somonis (TJS) of foreign investment, including TJS60 billion of foreign direct investment (FDI) during the last 20 years,” said tajik leader. “Some TJS36 billion of the above-mentioned direct investment was reportedly channeled to the development of industry alone.”
Over the past five years, Tajikistan has reportedly mobilized more than TJS 5 billion of foreign direct investment to various sectors of the national economy; however this indicator still does not meet the requirements of economic development.
“We plan to implement more than 200 public investment projects in the country and channel more than TJS82 billion to the real sector and infrastructure alone by 2025,” said Rahmon. “I would like to emphasize that in the context of rapid and unpredictable developments in the world economy, intense competition for access to resources and the consequences of climate change, it is crucial to avail all modern tools for investment reinvigoration.”
He noted that in this regard, it is important to widely introduce the financing mechanism of special funds for implementation of “green projects”, particularly the implementation of targeted programs and projects on development of “green economy”, including “green energy”.
Accordingly, the Ministries of Economic Development and Trade, Finance, Foreign Affairs, the State Committee on Investment and State-owned Property Management and other relevant agencies need to undertake measures to mobilize “green financing” to implement projects on industry and infrastructure particularly those, which are important from the environmental and food security perspectives, the president added.
Green and resilient urbanization key for quality growth in Tajikistan, says ADB
President Emomali Rahmon meets with Vatican’s Secretary of State, Cardinal Pietro Parolin
President Emomali Rahmon meets with Pontiff
Only twenty-eight acquittals passed in Tajikistan over the past five years
Central Asia’s nations urged to take the lead in fostering regional free trade
Germany charges five Tajiks with terrorism
15 Tajik women and their 32 children returned back to Tajikistan yesterday
Tajik leader meets with FAO director-general in Rome to discuss cooperation
Islamic banking and finance is emerging in CIS member nations
Emomali Rahmon holds meeting with Tajiks living in Italy
All news
Авторизуйтесь, пожалуйста