Thursday, August 16, 2012 -
The amount of fixed capital investment in the Tajik economy has declined 26.4 percent, according to the figures released by the country’s statistics agency on Thursday.
The statistics apply to the first seven months of 2012.
The energy sector’s share of total fixed capital investments – estimated to be 2.886 billion Tajik somoni or $605 million – stands at 34.3 percent. The construction of the Sangtuda-2 hydropower plant costs an estimated $21.8 million, while the perpetual and controversial construction of the Rogun dam costs $101.5 million this year, an estimated five percent more than it cost in 2011.
Fixed capital investments in the transport and communication fields fell by 36.1 percent in 2012, amounting to only $66.4 million for a combined total.
Tajikistan is the poorest country in both the Central Asian region and the former Soviet Union, with its greatest difficulties in producing enough power to keep industries running throughout the winter. Periodic blockades by Uzbekistan also limit Tajikistan’s capacity to secure raw materials.