Minister of Economic Development and Trade of Tajikistan Zavki Zavkizoda called on the International Islamic Trade Finance Corporation (ITFC) to increase funding for priority sectors of Tajikistan’s economy, the press office of the Ministry of Economic Development and Trade of Tajikistan reported.
The Minister focused on the support of Tajikistan’s export potential, as well as the possibility of opening textile enterprises and halal production facilities. These issues were discussed at talks with ITFC Chief Operating Officer Nazeem Noordali, which took place in Dushanbe on September 18.
The parties considered building solar power and hydropower plants, developing the tourism industry and improving the banking system in Tajikistan. The ITFC confirmed that is ready to invest in joint projects in these areas.
To date, the International Islamic Trade Finance Corporation has implemented projects worth $182 million in Tajikistan. Work is currently underway on 3 projects worth $18 million.
