Tajikistan seeks Qatari investment

Tajikistan seeks Qatari investment

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UNIPATH STAFF

Tajikistan seeks Qatari investments, said Tajik President Emomali Rahmon, who led a business delegation to Qatar in February 2017. In a meeting with the Qatar Businessmen Association, led by Chairman Sheikh Faisal bin Qassim al-Thani, Rahmon and his delegation sought to “activate business cooperation” between their nations.

“During the last decade, we were able to attract more than
$10 billion in foreign investments, which is why our economy is growing rapidly in all sectors,” Rahmon said. “These improvements have placed our country among the world’s Top 10 in
terms of economic reforms.”

With Qatar as one of Tajikistan’s “main global partners,” Rahmon added, his country aims for economic ties in the fields of banking, mining, agriculture, transportation and communications, among other areas. Tajikistan is “ready for Qatari investments” in cement, energy, water and the chemical industry.

“Despite a turbulent global economy, we have achieved remarkable economic progress over the past several years,” said Jamoliddin Nuraliev, the first deputy chairman of the National Bank of Tajikistan. “The country boasts an investment environment that is conducive for business.”

During the meeting, both sides signed a memorandum of understanding between the Qatar Stock Exchange and the Central Asian Stock Exchange, a financial institute in Tajikistan, which was established in April 2015 as “a unique platform for organized securities trading.”

At the same time, Nuraliev announced plans to invite Qatar Airways to launch flights from Doha to Tajikistan. Citing the population of more than 3 billion in surrounding countries, Nuraliev asserted that Qatar would find an opening to do business with Kazakhstan, Pakistan, Afghanistan, and other countries in the region.

Sheikh Faisal expressed agreement with his Tajik counterparts.

“Tajikistan is situated between three countries with the largest economies in the world,” he said in a speech. “Tajikistan has a huge stock of water and minerals, as well as agricultural and tourism investment opportunities for Qatari businessmen.”

Citing the Diar Dushanbe project, a mixed-use development in Tajikistan, Sheikh Faisal said Qatar is the first Arab country that has embarked on investment projects in Tajikistan.  Source: Gulf Times

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