BAKU, Azerbaijan, July 18. Chinese Tibet Everest Resources Ltd company plans to construct an industrial park in Tajikistan, Trend reports referring to the eurasianet.org.
According to the company's statement, the project is going to be implemented by its subsidiary Tazhong Mining Co Ltd, which will focus on processing non-ferrous metals.
"After the world-class industrial park is built, it will eventually create up to 10,000 new jobs and get annual sales of $1 billion, effectively boosting Tajikistan's industrial modernization process," Tibet Everest Resources said.
Notably, Chinese companies invested over $211 million in Tajikistan in 2021, making up approximately 62 percent of all foreign direct investments to the country.