Tajikistan, Russia Plan to Launch Joint Industrial Park

Russia and Tajikistan are planning to establish a joint industrial park in Tajikistan by 2030, in a move aimed at significantly boosting bilateral trade.

The announcement was made by the Russian Ministry of Industry and Trade in a recent statement, The Caspian Post reports, citing The Times of Central Asia.

The industrial park, to be built in Tajikistan and managed by the Russian side, is designed to facilitate the entry of more Russian industrial companies into the local market. According to officials, the project seeks to increase trade between the two countries by 2.5 times within the next five years.

The initiative is part of Russia’s national project on international cooperation and export, and participation will be open to companies from both Russia and other countries. Products manufactured at the site are expected to be sold not only within Tajikistan but also across neighboring countries in Central Asia.

Details of the project were presented in Dushanbe by Artur Galiullin, Deputy Director of the Department for International Cooperation and Export Licensing. His remarks came during a visit to the Korgohi Machine Building Enterprise.