photo: Asia Plus
Russian Ambassador to Tajikistan Semyon Grigoryev has announced that more than 170 Russian companies expressed keen interest in localizing production in Tajikistan under a significant bilateral industrial initiative.
At the heart of this initiative is the establishment of a joint industrial park in Dushanbe, backed by a 500 million ruble investment from Russia, The Caspian Post informs via Tajik media.
The park is designed to attract companies from critical sectors including metallurgy, chemicals, electrical and mechanical engineering, instrumentation, and medical equipment manufacturing.
Grigoryev described the industrial park as a strategic move to develop a high value-added economy in Tajikistan. He emphasized that the project will enhance domestic raw material processing, create new employment opportunities, attract investments, expand export capacity, and reduce the country’s reliance on imports. “This will strengthen the resilience of the national economy and improve the quality of life for the population,” the ambassador stated.
This initiative follows a government-to-government agreement signed during Tajik President Emomali Rahmon’s official visit to Russia on March 17, 2025. According to the agreement, Russia will inject 500 million rubles into the joint venture’s founding company, while Tajikistan will provide the necessary production facilities.
A special investment agreement is currently being finalized to implement preferential tax and customs regimes for companies operating within the industrial park.
The industrial park will be situated on the grounds of the state-owned Korgohi Mashinasozi enterprise in Dushanbe, covering 9.3 hectares with a total of 45,000 square meters of building space. Renovations of three production buildings are underway to accommodate incoming businesses, with priority sectors focused on light industry, machine tool manufacturing, medical equipment, and metallurgy.
Among the first expected residents are Russian firms such as Yevnat and Ecosber from Bashkortostan, Kardiodata from the Moscow region, Ruskhim from Nizhny Novgorod, along with the Tajik company Sitora Toj. Participating companies will benefit from substantial tax incentives, including a 50 per cent reduction in land, property, and income taxes, as well as full exemptions from VAT and customs duties.
Grigoryev noted that active development of the park is scheduled to begin in 2026. On October 8, Radiy Khabirov, Head of Russia’s Bashkortostan Republic, visited the industrial park site during his official visit to Tajikistan.
The concept for the joint Tajik-Russian industrial technopark was introduced in 2024, with plans to develop it on the former Dushanbe Machine-Building Plant site-a centrally located facility offering excellent transport access, according to Roman Chekushov, Director at Russia’s Ministry of Industry and Trade.
Tajikistan’s Minister of Industry and New Technologies, Sherali Kabir, confirmed in February 2025 that construction and modernization efforts would begin that year. He highlighted that refurbishing existing infrastructure would speed up the project and that modern technologies and generous tax incentives would make the park attractive to investors.
Kabir added that the Dushanbe industrial park is modeled after the Kazan Technopark and is part of a broader plan to establish over 30 similar industrial hubs across Tajikistan.
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