Tajikistan in CAREC
- Tajikistan joined CAREC in 1998
- Since 2001, $869 million has been invested in transport, trade, and energy
- 12 ongoing CAREC projects
- Since 2001, eight CAREC projects have been completed
Golovnaya 240-Megawatt Hydropower Plant Rehabilitation Project
Expected outcome: The project will increase operational efficiency of the Golovnaya hydropower plant. This will increase availability of year-round clean power for domestic sales and for export to Afghanistan.
CAREC Corridors 3 and 5 Enhancement Project
Expected outcome: The project will improve regional network (CAREC Corridors 3 and 5 and associated sub-network) connectivity and enhance regional economic cooperation and inclusive economic growth in Tajikistan.
Tajikistan is a rugged country with abundant valleys to the north and south. Mountains belonging to the highest ranges of Central Asia make up 93% of the total area of the country.
Highlights from the Asian Development Outlook 2013:
Growth accelerated slightly to 7.5% in 2012 as remittances hit record highs, but slightly slower growth is forecast for 2013 and 2014. Domestic income and investment remain low. Reforms promised to permit Tajikistan's accession to the World Trade Organization will be important to improve the business climate, increase foreign investment, and reduce excessive reliance on remittances. Read more.