DUSHANBE, Tajikistan, April 15. Industrial production in Tajikistan's Sughd region reached 6.1 billion somoni ($557.816 million) from January through March 2024, which is a 6 percent increase compared to the same period in 2023, the country's President Emomali Rahmon announced during a meeting with regional leaders and activists, Trend reports.
Rahmon highlighted that the growth rate during this period decreased by 4.1 percentage points year-on-year, which does not align with the country's goal of accelerated industrialization.
Rahmon emphasized that there are tremendous untapped opportunities in the region for the development of industry, particularly in the mining and processing sectors.
According to Tajikistan's National Statistical Agency, industrial production in Tajikistan in 2023, including that of private entrepreneurs, totaled 46.815 billion somoni ($4.279 billion), which is a 12 percent increase compared to 2022 at comparable prices.
Tajikistan's ongoing industrialization strategy for 2022–2026, named the "Years of Industrial Development", aims to increase industrial output by 2.5 times within five years. The strategy sets a target of reaching 95 billion somoni ($9.3 billion) by 2026, compared to 39 billion somoni ($3.7 billion) in 2021, and includes plans to establish over 870 new industrial enterprises.