Khorog, the capital of the Gorno Badakhshan Autonomous Region (GBAO), will host an annual Pamir Invest Forum to promote investment and regional trade.
The Forum Pamir Invest-2016 that will take place in Khorog from August 23-24 is expected to bring together domestic and foreign investors, heads and representatives of international organizations active in Tajikistan. Local entrepreneurs will have an opportunity to present their business-concepts.
The forum is expected to focus on domestic and foreign investment opportunities, tourism and regional cooperation.
According to Association of Entrepreneurs and Mountain Farmers, Milal-Inter, which is one of organizers of the event, the main objective of the forum is to draw attention of domestic and foreign investors to GBAO’s opportunities for development of tourism and problems existing in this field.
The forum is also intended to promote attraction of foreign investments, establishment of trade and economic cooperation with neighboring regions and foreign countries, use of existing opportunities and natural resources of the region, as well as expedite the implementation of the GBAO socioeconomic development programs.
The forum may give impulse to further expand cooperation between domestic and foreign companies and create new opportunities for involvement of local youth and women in entrepreneurship.
Sessions at the forum will cover such issues as how to effectively attract domestic and foreign investment to the region, revive and promote tourism in the region; and develop solutions to enhance regional trade and economic cooperation.
To-date, the forum organizing committee has reportedly received 70 business-projects from GBAO entrepreneurs.
The forum is expected to end with signing of memorandums of cooperation and agreements on establishment of cooperation in various fields.
The forum is organized by Milal-Inter, the local government of GBAO and the State Committee on Investment and State-owned Property Management of Tajikistan.
The Gorno Badakhshan Autonomous Region (GBAO) is one of the mountainous regions of Tajikistan and it makes more than 43% of the land area of the country. GBAO borders the Xinjiang province of China in the East, the Badakhshan province of Afghanistan in the West and South, and the Osh province of Kyrgyzstan in the North. Within Tajikistan the region’s western border is with the districts subordinate to the center and the tip of its south-western finger (Darvoz district) borders on Khatlon province. (Asia-Plus/Business World Magazine)