27 May 2021

On 27 May 2021, the Secretariat of the Consultative Council on Improvement of Investment Climate jointly with American Chamber of Commerce in Tajikistan (AmCham) organized and held the presentation of financial products of the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) to entrepreneurs that took place at Serena Hotel.

The purpose of the event is to consider ways to expand the local entrepreneurs’ access to favorable financial resources and professional consultations at the international level, as well as the preparation of investment projects and study the best international experience in this direction.

The event was attended by a wide range of representatives of the domestic private sector, as well as representatives of government agencies, development partners and foreign investors.

During their opening remarks the Head of Secretariat of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan, Mr Numon Abdugafforzoda, Deputy Mayor of Dushanbe city, Mr Dilshod Odinazoda, Chairman of the AmCham BOD, Mr Thomas Hallam, and IFC Country Officer in Tajikistan, Mr Farrukh Sultonov spoke regarding the role and development of the country's private sector, reforms implemented to improve the investment environment under the leadership and direct support of the Founder of Peace and National Unity - Leader of the Nation, President of the Republic of Tajikistan.

According to the Agenda of the event, IFC Country Officer in Tajikistan, Mr Farrukh Sultonov submitted a comprehensive presentation regarding the activities and services for domestic entrepreneurs and the development of their business activities. It been highlighted that the main goal of the IFC in Tajikistan is to grow the private sector potential and on this basis to improve the population welfare. Many projects in various fields have been successfully implemented and supported by IFC.

The other part of the event was dedicated to the presentation of EBRD financial products. Mr Alisher Marufi – EBRD Banker in Tajikistan, and Sitora Bobojonova – EBRD Program Director spoke on the provision of loans and consulting services in agriculture, finance, energy, transport and logistics, and women's entrepreneurship sectors. Also, several videos were shown as clear evidence of the success of working with customers of the bank, doing business, and providing professional consultants.

An exchange of views took place between the participants on the considered issues during the event.

The Head of Secretariat of the Consultative Council provided a concluding remark and assured participants to strengthen cooperation in this direction. 

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