Uzbekistan and Tajikistan intend to simplify the financing process for joint investment projects and create more favorable conditions for enterprises wishing to acquire production equipment.
Amendments to the agreement between the governments of the two countries were approved by the lower house of the Tajik parliament on October 1. These changes concern the use of foreign currency, the import of technological equipment, and the provision of financial support to entrepreneurs.
The updated mechanisms are expected to reduce companies' operating costs when equipping production facilities. One such measure is leasing, which will allow companies to obtain necessary equipment without having to pay the full cost immediately. Furthermore, more favorable customs and tax conditions are provided for the import of technological equipment.
As of October 1, 2026, the Tajik-Uzbek investment company approved seven projects totaling $20.9 million USD, of which $8.9 million has already been allocated for implementation. These projects cover various economic sectors, including industrial production, agricultural raw material processing, food production, and medical services. The completion of these projects is expected to create over 720 jobs.
The bilateral investment company was established in 2021 to support entrepreneurship, finance joint initiatives, and develop the production sector. Its initial capital was $12 million USD. The Uzbekistan Recovery and Development Fund provided 75% of the capital, while the state company Tajinvest of Tajikistan contributed the remaining 25%.
In July 2026, Tajikistan's Minister of Finance Faiziddin Qahhorzoda announced that the company's capital exceeded $50 million USD. The company has the ability to finance projects, acquire stakes in existing or new enterprises, and attract funds from international financial institutions.
Agreements on changing the company's operational terms were formalized by a protocol signed on March 26, 2026, during the visit of Tajikistan's President Emomali Rahmon to Uzbekistan. Uzbekistan completed the necessary internal procedures on September 9.