Tajikistan, Uzbekistan Explore Industrial Collaboration Opportunities
Date
4/18/2024 3:08:40 AM
(MENAFN- Trend News Agency) DUSHANBE, Tajikistan, April 18. Tajikistan andUzbekistan discussed cooperation in the industrial sector, Trend reports.
According to Tajikistan's Ministry of industry and NewTechnologies, the issue was addressed during a meeting betweenSherali Kabir, Minister of Industry and New Technologies ofTajikistan, and Laziz Kudratov, Minister of Investment, Industry,and Trade of Uzbekistan.
The sides explored avenues for expanding bilateral cooperationin the industrial field. They also expressed readiness to implementjoint projects across various industrial sectors, conduct businessmeetings, and support the activities of representatives from theprivate sectors of both countries.
According to Tajikistan's National Statistical Agency,industrial production in Tajikistan in 2023, including that ofprivate entrepreneurs, totaled 46.815 billion somoni ($4.279billion), which is a 12 percent increase compared to 2022 atcomparable prices.
Tajikistan's ongoing industrialization strategy for 2022–2026,named the "Years of Industrial Development", aims to increaseindustrial output by 2.5 times within five years. The strategy setsa target of reaching 95 billion somoni ($9.3 billion) by 2026,compared to 39 billion somoni ($3.7 billion) in 2021, and includesplans to establish over 870 new industrial enterprises.
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