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WEDNESDAY, June 19, 2013
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Tajikistan / Economy

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Tajik leader opens three industrial firms in Sughd

Fezsughd.tj
Three more enterprises have been launched in FEZ Sughd

Tuesday, June 12, 2012 - Tajik President Emomali Rahmon on Tuesday inaugurated three newly created industrial enterprises in the northern Sughd Free Economic Zone (FEZ).

The head of state also attended an exhibition of 26 enterprises operating at the zone during his two-day visit to the country’s most heavily industrialized province of Sughd.

One of the three new firms, Turkish Silkoat Boya, produces paint materials. The other two manufacture plastic products. Star Plast makes plastic pipes, while Ravzana Plast produces plastic windows and doors.

The total output from the free zone in the first three months of 2012 has amounted to $630,000, according to officials of FEZ Sughd. Investments totaled $1.75 million over the same time period, he said, the Asia-Plus news agency reported.

FEZ Sughd is currently preparing to ink tentative cooperation agreements with the European Bank for Reconstruction and Development (EBRD), Kazakhstan’s Consulting Company JK Group, and its counterpart in the capital of Kyrgyzstan FEZ Bishkek.

Earlier this year, FEZ Sughd officials signed an exchange economic development initiative with FEZ Leilek in Kyrgyzstan. The two are jointly seeking partners to finance and implement projects.

Rahmon, who began his visit Tuesday, was also scheduled to inaugurate a 400-student dormitory of the Presidential Lyceum in the city of Chkalovsk.

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