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Foreign investment in Tajikistan up 4.4% in 2023

Russia’s investments in the republic amounted to $99.3 mln in 2023, with Moscow becoming the third-biggest investor in Tajikistan’s economy, Kodir Khursedai said

DUSHANBE, February 27. /TASS/. Foreign investments in Tajikistan totaled $2.7 bln in 2023, up by 4.4% compared with 2022, Deputy Chairman of the country’s State Committee for Investments and State Property Management Kodir Khursedai said.

"Some $2.7 bln worth of foreign investments flew to Tajikistan in 2023. <…> The increase compared with 2022 equaled $113.6 mln, or 4.4%," she told a briefing.

Russia’s investments in the republic amounted to $99.3 mln in 2023, with Moscow becoming the third-biggest investor in Tajikistan’s economy after Kazakhstan and China whose investments reached $220.4 mln and $130.1 mln, respectively, the official said. Among other major investors in the republic last year were Luxemburg ($77.4 mln), Italy ($65.5 mln), the US ($36.4 mln), the UK ($29 mln).

Foreign investments are focused on the main areas of the country’s economy, "those being the mining industry, processing industry, banking, construction, agriculture, wholesale and retail trade, transport, logistics and communication, hotels and restaurants, real estate transactions," she noted.