Tajikistan, South Korea View Progress On Raising Solar Panel Plant In Dangara FEZ
Date
10/9/2024 6:08:47 AM
(MENAFN- Trend News Agency)
DUSHANBE, Tajikistan, October 9. Tajikistan and
South Korea have discussed the progress of establishing solar panel
manufacturing plants in the Tajik Dangara free economic zone (FEZ),
Trend reports.
According to the State Committee on Investments and State
Property Management of Tajikistan, the parties expressed a strong
desire to enhance their cooperation in this area.
On May 24, Tajik President Emomali Rahmon laid the foundation
stone for the first facility dedicated to producing solar panel
equipment and reviewed the ongoing project.
The industrial plant will be constructed with support from the
Tajik government and foreign investment from South Korea's Global
Solar Wafer, implemented in four phases. Upon completion, the
project is expected to create over 8,000 jobs, 95 percent of which
will be filled by Tajik citizens.
The facility aims to manufacture solar panel equipment, with a
total investment of $2 billion across all phases. To facilitate the
construction of this major enterprise, 22 hectares of land have
been allocated in the western part of the Dangara free economic
zone, where a favorable business and investment climate is being
promoted.
The first phase is slated for completion by March 2025, leading
to a production capacity of 5,000 megawatts of solar panel
equipment.
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