Over $400 Million Worth of Agreements Signed Between Tajik and Chinese Private Enterprises

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Khovar News

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DUSHANBE, 23.08.2023 (NIAT Khovar) – During the Speaker of the National Assembly’s official visit to China, a ceremony was held to sign documents that would bring about cooperation between Tajik and Chinese private sectors, with a total value of more than $400 million.

Specifics included: a Framework Agreement between the Open Joint Stock Company «Azot» of Tajikistan and the Runjong Holding Group of China for the modernization and increased urea production at the Open Joint Stock Company «Azot» to 180,000 tons per year, worth $50 million; a Framework Agreement between Asia Chemical Limited Liability Company of Tajikistan and Runjong Holding Group of China for the construction of a new carbamide production plant in Tajikistan with a capacity of 300,000 tons per year, valued at $300 million; a Memorandum between Avesto Group Limited Liability Company of Tajikistan and Jinchuen Company of China for the organization, creation and management of a joint venture for the production of electric vehicles in Tajikistan with a production capacity of 1,500 vehicles per year, costing $25 million; and a Memorandum between Marmari Limited Liability Company of Tajikistan and Tajong Interprice Management Consulting Co. Ltd. for the establishment of a joint venture for the construction and operation of a logistics center in Tajikistan, amounting to $26 million.

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