President order to set up new structure that would be responsible for developing investment projects

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Tajik President Emomali Rahmon has ordered to set up a new structure that would be responsible for developing investment projects.

In a statement delivered at a joint meeting of both chamber of parliament, Emomali Rahmon on noted on December 26 that a separate contract unit should be set up at the State Unitary Enterprise (SUE) Tojinvest of the State Committee on Investment and State-owned Property Management (GosKomInvest) with the involvement of local and foreign specialists.

According to him, this unit will be responsible for developing investment projects on the basis of rich mineral resources of the country, in particular on exploration, extraction and processing of raw materials.

The head of state said that project study institutes were available practically at every ministry but they were actually inactive.

The president further noted that more than 600 various mineral deposits had been discovered in the country, but there are no specific projects that could be offered to investors.

During business meetings, there ought to offer investors specific projects but not tell them about the wealth the country, Rahmon said.

The president ordered relevant bodies to take adequate measures to improve the skills of domestic entrepreneurs on preparing business-projects.

Source: Asia plus