The Aga Khan Fund for Economic Development (AKFED) has added another telecoms operator to its portfolio by buying Telia Company’s 60% stake in Tajikistan operator Tcell. AKFED already owned the other 40% and is reportedly paying just $27.7 million for the rest. AKFED owns Afghanistan’s Roshan mobile operator, which in turn also owns Smart Telecom,…
Tajikistan will purchase 1,500 Peugeot 301s and 500 JAC S3s assembled in Kazakhstan in order to renew Dushanbe’s taxi fleet. Tajikistan’s Holding Asia Group Tajikistan and Kazakhstan’s AllurGroup have signed a memorandum of understanding on cooperation. Holding Asia Group Tajikistan will purchase 1,500 Peugeot 301s and 500 JAC S3s from AllurGroup. AllurGroup is expected to…
A direct flight between Dushanbe and the Kazakh capital of Astana is expected to be launched in summer. The possibility of opening of the direct flight between Dushanbe and Astana was reportedly discussed at a meeting of Tajik Minister of Transport Khudoyor Khudoyorzoda with Kazakh Ambassador to Tajikistan Nurlan Seitimov. The two sides discussed issues…
Based on current data, Tajikistan’s gross domestic product (GDP) for the first three months of this year was some 10.5 billion somoni (equivalent to little more than $1.2 billion), up by 6.5% YoY in comparable prices, according to the Agency for Statistics under the President of Tajikistan. In January-March GDP structure by sources of income…
The foreign trade turnover of Tajikistan, including electric energy, has amounted to $775.7 million over the first three months of this year, which was 88.7% of the January-March 2016 level or $98.5 million less, according to the Agency for Statistics under the President of Tajikistan. The trade balance was negative and amounted to $315.5 million.…
To minimize impacts of external shocks on its economy Tajikistan plans to develop the industrial sector. “Tajikistan’s economy experiences impact of external shocks and the global economic environment,” Director of the Institute of Economics and Demography of the Academy of Science of Tajikistan, Professor Lutfullo Saidmurodzoda noted at a conference formally titled “Formation of Strategic…
Tajik and Kyrgyz entrepreneurs have declared their intention to expand cross-border trade. 35 representatives of border communities from Tajikistan’s Isfara district and Kyrgyzstan’s Batken district met in the Tajik northern city of Isfara on April 12, to discuss ways to promote expansion of the cross-border trade between the regions. The meeting organized under support of…