Photo: asiaplustj.info
Tajikistan is currently implementing 82 state investment projects worth $4.5 billion. The government’s share amounts to no more than $144 million, or 3.1 percent of total funding, Asia-Plus reported, citing the State Committee on Investments and State Property Management.
According to the committee, Tajik enterprises and local authorities also contribute to such initiatives, but their combined share is just $5.8 million, or 0.1 percent of total project financing.
The bulk of funding—97 percent—comes from international institutions and foreign investors.
Of the 82 projects, 55 are financed through grants, five through loans, and 22 through a mixed scheme combining grants and loans. Of the total, $3.2 billion comes from grants and $1.2 billion from loans.
Official statistics show that the World Bank is the largest financier of Tajikistan’s state investment projects, providing nearly $1.7 billion. Most of the rest of the top ten are also international financial institutions.
The top five after the World Bank are:
· Asian Development Bank — $914.7 million
· International Fund for Agricultural Development — $698 million
· European Bank for Reconstruction and Development — $612.2 million
· Islamic Development Bank — $207.9 million
The committee’s report also lists “China” with $195 million, but does not clarify whether this refers to the Chinese government, state corporations, private companies, or a combined figure of all Chinese investors regardless of status or ownership.
The report also breaks down investment by sector, showing two industries far ahead of the rest: energy and transport, with $1.6 billion and $1.2 billion in funding, respectively.
Other sectors include:
· education — $426.1 million
· housing and communal services — $280.8 million
· healthcare — $228.2 million
· agriculture — $210.4 million
