Tajikistan - Market OpportunitiesTajikistan-Market-Opportunities
The Government of Tajikistan has undertaken some initiatives to simplify business registration processes and customs clearance, and has created on-line tax platforms and on-line tax payment models. The Tajik business community welcomed these moves, but corruption and burdensome bureaucracy remain a major concern. Tajikistan ranks 123 on the World Bank’s Ease of Doing Business Report. Of the various indicators used, Tajikistan ranks higher than its overall score in protecting minority investors, starting a business, and enforcing contracts. Tajikistan has a 2030 National Development Strategy, which outlined attracting investments as key factor for development. Hwoever, over the last 25 years Tajikistan was able to attract less than an average of $100 million annually of FDI into the country. China dominates the lending market with over 50 percent of all state guaranteed loans to Tajikistan. Compared to neighboring countries, Tajikistan’s markets are less developed but offer potential to investors willing to navigate the risks.
Opportunities exist in the following sectors: power generation and distribution, food processing and packaging, mining equipment and services, aviation and tourism. Tajikistan heavily borrowed and invested into road infrastructure and high voltage electricity lines. Chinese EXIM bank, U.S. OPIC, U.S EXIM Bank, MIGA, EBRD, IFC, WB, Islamic Development Bank, Germany KfW, Kuwait Development Fund, Saudi Arabia, Qatar, UAE funds are active in Tajikistan. The short-term economic cycle in Tajikistan is dominated by the labor migration remittances of an estimated 1 million Tajiks living and working in the Russian Federation.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Opportunities exist in the following sectors: power generation and distribution, food processing and packaging, mining equipment and services, aviation and tourism. Tajikistan heavily borrowed and invested into road infrastructure and high voltage electricity lines. Chinese EXIM bank, U.S. OPIC, U.S EXIM Bank, MIGA, EBRD, IFC, WB, Islamic Development Bank, Germany KfW, Kuwait Development Fund, Saudi Arabia, Qatar, UAE funds are active in Tajikistan. The short-term economic cycle in Tajikistan is dominated by the labor migration remittances of an estimated 1 million Tajiks living and working in the Russian Federation.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.