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Home»NEWS»Annual evaluate of key occasions in Tajikistan’s industrial sector
NEWS

Annual evaluate of key occasions in Tajikistan’s industrial sector

Mirza ShehnazBy Mirza ShehnazJanuary 7, 2023No Comments5 Mins Read
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BAKU, Azerbaijan, January 7. During 2022, the
Government of Tajikistan has set a purpose to extend industrial
manufacturing by 2026, Trend reviews.

According to Tajikistan’s Ministry of Industry and New
Technologies, the nation’s management’s directions are
related to the significance of the economic sector for the
nation’s financial growth, in addition to the announcement of
2022-2026 because the Years of Industrial Development.

Tajik industrialists have to extend industrial output by 2.5
instances inside 5 years – from 38.8 billion somoni ($3.7 billion)
in 2021 – as much as 95 billion somoni ($9.3 billion) in 2026.

Moreover, the federal government of Tajikistan intends to assemble and
put into operation a complete of 870 new industrial enterprises by
2026.

Construction of metallurgical plant has began in
Tajikistan in 2022

Tajik-Chinese “Zarafshon” Joint Venture is constructing a
metallurgical plant in Tajikistan. Work on the development of an
further copper plant within the metropolis of Panjakent, Sughd area is
underway.

The whole value of the challenge is $120 million, which is able to create
200 new jobs, boosting the area’s economic system.

Remarkably, constructing a brand new enterprise is a major step on
the best way to attaining Tajikistan’s fourth nationwide purpose – the
industrialization of the nation.

New industrial plant to be inbuilt Tajikistan’s
Istiqlol

With the help of the Government of Tajikistan, a brand new
industrial plant shall be inbuilt Istiqlol. As reported, the fee
of the challenge for the development of the enterprise for
processing copper, lead, and silver is estimated at about $50
million.

Construction works will start in 2023 and shall be accomplished in a
yr and a half, as much as 150 individuals shall be supplied with jobs.​

Meanwhile, town of Istiqlol has quite a lot of capability and
prospects for constructing new industrial enterprises. The
implementation of this challenge will contribute to the fast
industrialization of Tajikistan.

Construction of porcelain manufacturing unit begins in
Tajikistan

Construction of a porcelain manufacturing unit in Tajikistan’s Tursunzoda
metropolis has began, the Mayor of town Parviz Akramzoda stated in
July 2022.

Amonjon – an area Tajik firm, counting on the outdated traditions
of porcelain manufacturing, determined to construct a porcelain manufacturing unit in
Regar village. Currently, lively work is underway on the
development of infrastructure.

International co-op: Tajikistan, Uzbekistan to ascertain
industrial industrial zone

Minister of Investments and Foreign Trade of Uzbekistan Sardor
Umurzakov and First Deputy Prime Minister of Tajikistan Davlatali
Said introduced the institution of a border industrial industrial
zone in June of this yr.

According to the plan, manufacturing services, logistics facilities,
and all needed infrastructure shall be situated within the
Uzbekistan-Tajikistan industrial industrial zone.

Moreover, the events famous a fantastic potential for increasing
financial cooperation, and creating joint high-tech industries, and
additionally referred to as on representatives of the Uzbek and Tajik enterprise
communities for extra lively bilateral cooperation.

The Ministry of Industry and New Technologies of Tajikistan in
June reported that as a part of intergovernmental agreements,
Tajikistan and Uzbekistan are going to develop cooperation within the
textile business.

The delegation of “Uztekstilprom” visited native enterprises of
the textile sector of Tajikistan, and likewise reviewed with the heads
of government our bodies of the Khatlon and Sughd areas the prospects
for constructing a three way partnership for cotton processing.

It was reported that within the close to future, the Uzbek affiliation
will make a proposal for Tajik companions for cooperation within the
textile sector, together with the institution of joint ventures in
Tajikistan.

Moreover, Uzbek entrepreneurs acquired acquainted with the
alternatives for investing within the gentle business of Tajikistan and
the preferences offered for the event of this sector.

Chinese firm plans to assemble industrial park in
Tajikistan

Chinese Tibet Everest Resources Ltd firm plans to assemble
an industrial park in Tajikistan. According to the corporate’s
assertion made in July 2022, the challenge goes to be carried out
by its subsidiary Tazhong Mining Co Ltd, which is able to deal with
processing non-ferrous metals.

After the world-class industrial park is constructed, it can
ultimately create as much as 10,000 new jobs and get annual gross sales of $1
billion, successfully boosting Tajikistan’s industrial modernization
course of.

Tajikistan and Trafigura Group view prospects for
industrial co-op

Tajikistan’s President, Emomali Rahmon, with the CEO of the
Trafigura Group Pte Ltd, Jeremy Weir mentioned prospects for
industrial cooperation in June 2022.

During the assembly, Trafigura’s participation in ongoing
initiatives in Tajikistan, together with its help to a rise in
aluminum manufacturing at Tajik Aluminum Company (TALCO), additional
purchases of major aluminum, and develop cooperation with the
Zarafshon Tajik-Chinese Joint Venture have been thought-about.

In addition, each side additionally mentioned how their cooperation might
develop within the fields of processing of metals and ores, logistics
providers, and electrical energy and renewable vitality sources.

*****

The major industries of Tajikistan are: mining, chemical,
cotton, metallurgical, machine-building. The largest industrial
facilities of Tajikistan are Dushanbe and Khujand.

Remarkably, a complete of 2594 industrial enterprises have been
working all through the nation, together with 788 within the Sughd
area, 710 within the Khatlon area, 548 within the capital Dushanbe this
yr.

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Mirza Shehnaz

Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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