Tajikistan in CAREC
- Tajikistan joined CAREC in 1998
- Since 2001, around $1.13 billion has been invested in transport, trade, and energy
- 12 ongoing CAREC projects
- 10 completed CAREC projects
CAREC in Tajikistan
Tajikistan joined CAREC in 1998 when, as a newly independent nation, it embraced the vision of cooperation with its neighbors to achieve a new era of development and prosperity in the wake of the Soviet Union’s collapse.
The country is bounded by the People’s Republic of China to the east, Afghanistan to the south, Uzbekistan to the west, and the Kyrgyz Republic to the north. Its mountains are the highest in Central Asia and make up more than 90% of its land area. Massive mountain glaciers feed rivers that nourish valley orchards and lowland farms, and provide abundant hydroelectricity.
CAREC Corridor 1, Corridor 3, Corridor 5, and Corridor 6 transit Tajikistan, allowing people and businesses to move within the country and across borders with greater ease and at less cost, increasing trade and improving access to essential jobs and services.
As of 2015, around $1.13 billion has been invested in transport, trade, and energy projects in Tajikistan through CAREC. These projects also promote better connections—within CAREC and with outside markets—that are key to unlocking the region’s vast resources and human potential.
A road construction program has cut travel times between commercial centers in Tajikistan and neighboring countries. Customs modernization and cross-border agreements are also enhancing trade. The government is playing its part in carrying out investments, creating jobs, and stimulating economic growth.
Highlights from the Asian Development Outlook 2016:
Reported growth slowed to 6.0% and trade declined, reflecting lower commodity prices, weak private investment, and remittance shortfalls. Growth is projected to fall to 3.8% in 2016 as recession continues in the Russian Federation and activity remains weak in other trading partners, then recover slightly to 4.0% in 2017. A better business environment would boost local production and employment, alleviating excessive dependence on remittances. Read full report
The United Nations Development Programme prepares reports on human development in Tajikistan.