International
China and Tajikistan Discuss Port and International Highway Construction Issues
Seetao 2023-04-17 09:15
  • About 30% of foreign investment in the country's economy during 2007-2021 comes from China
  • Chinese investors mainly invest in tower economic sectors and branches such as communications, construction and financial services, geological and mining surveys, installation of technical equipment, industrial and other services
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Tajikistan's Transport Minister Azim Ibrohim discussed expanding cooperation in priority areas of transport and logistics with Chinese officials in Xinjiang, particularly attracting Chinese investment to complete the construction of a road between the two countries. The two sides discussed expanding cooperation in priority areas of transport and logistics, especially the construction of the Dushanbe-Kolmai road of regional importance.

Ibrohim pointed out that in 2022, with the help of China, the key sections of the second phase of the Dushanbe-Kolmai Highway will be implemented, including a 93-kilometer-long highway, two 5.2-kilometer-long tunnels, five open tunnels and other engineering structures.

It is reported that the two sides discussed the issue of unimpeded passage of goods through the Karasu-Kolmai port, as well as attracting Chinese funds to build and renovate the remaining 296 kilometers of roads. The total mileage of the roads will reach 1,008 kilometers. The parties agreed to sign official documents in this regard in the near future.

International road transport between Tajikistan and China has been in operation since August 2008. After a three-year hiatus due to the COVID-19 pandemic, the Karasu-Kolmai crossing will open to incoming trucks in February 2023.

According to the News Center of the State Investment and State-owned Assets Management Committee of Tajikistan, recently, the management of the Committee held meetings with representatives of Chinese enterprises such as China Macao Bridge Technology Co., Ltd. and Alibaba to discuss China's investment in priority areas of the Tajik economy, such as logistics, Transportation, agriculture, culture, tourism, etc.

The committee provided representatives of Chinese companies with information on investment spaces and opportunities in Tower, customs and tax incentives. Representatives of Chinese enterprises expressed their intention to open a representative office in Tajikistan. China has become a major investor in Tajikistan in a relatively short period of time.

The first batch of Chinese investment entered Tajikistan's economy in 2007, and began to increase significantly after 2011. In 2020, Chinese capital inflows halved due to restrictions related to the new crown epidemic, but returned to near pre-epidemic levels the following year.Editor/XingWentao

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