EBRD ready to provide financial support for implementation of hydroelectricity projects in Tajikistan
November 20, 2009
November 19, President Emomali Rahmon
received Mr. Masaru Honma, EBRD Director for
In the course of the talks, the two discussed issues related to cooperation between
At present, a number of projects for a total amount of 128 million U.S. dollars are being implemented in the country with financial support from the EBRD.
Mr. Honma noted that every year, the Bank launches 10-12 new projects for a total amount of 60 to 80 million U.S. dollars in the country and the EBRD intends to double project finance volumes in the future, the press service said.
The sides expressed satisfaction with current situation of microfinance in
President Rahmon hailed the EBRDís support to Tajik commercial banks through boosting the levels of financial intermediation in
Mr. Honma highly appraised measures taken by the Tajik government to improve investment climate in the country. Rahmon and Honma also discussed issues related to cooperation in sectors like energy, industry, agriculture, transport and communications.
Touching upon current energy supply situation in Tajikistan, the EBRD director for Central Asia noted that the Bank was ready provide financial support for modernization of the Qairoqqum hydroelectric power plant (HPP). He promised that the EBRD will appeal to 63 member states of the Bank, in particular the
The sides also discussed issues related to expanding cooperation in the Central Asian region and resolving artificially created regional problems. The EBRD is supporting the progress of the private sector in