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Chinese entrepreneurs eye industrial complex opportunities in Tajikistan's Sughd FEZ

Tajikistan Materials 3 September 2024 15:48 (UTC +04:00)
Chinese entrepreneurs eye industrial complex opportunities in Tajikistan's Sughd FEZ
Umar Abakirov
Umar Abakirov
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DUSHANBE, Tajikistan, September 3. A group of Chinese entrepreneurs intends to explore the potential for establishing an industrial complex within the Sughd free economic zone (FEZ) in Tajikistan, Trend reports.

During their visit to the FEZ, the Chinese delegation reviewed its operations and the associated benefits. The proposed industrial complex is expected to host a range of manufacturing companies operating under a single conglomerate.

The planned product range for the conglomerate includes school bags, iron entry doors, glass and basalt fibers, and finished products, with the complex covering an area of approximately 20 hectares.

During the meeting with the FEZ's management, the guests were provided with detailed information about the zone’s advantages and the preferences available, including recent updates to regulations governing free zones in Tajikistan.

Established in 2009, Sughd FEZ covers 320 hectares and operates under special customs and tax regimes with streamlined registration procedures. The zone is set to operate for 50 years.

According to the country's Statistical Agency, the total industrial production in Tajikistan reached 22.6 billion somoni ($2.133 billion) during the first half of 2024, which is an increase of 10.1 percent or 2.3 billion somoni ($217.157 million) compared to the same period in 2023.

Production increased in the Sughd region by 10.1 percent, in the Khatalon region by 5.1 percent, in Dushanbe by 23.1 percent, in the regions of Republican subordination by 18.8 percent, and in the Gorno-Badakhshan autonomous region by 26.1 percent.

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