Tajikistan and ADB
In the Spotlight
As a connecting link between Europe and East Asia, Central Asia is set to reap the benefits of burgeoning trade between the two economic giants.
An ADB-supported project has upgraded a key transport corridor in landlocked Tajikistan, giving businesses and residents better access to services and distant markets.
The performance of projects and programs supported by ADB in Tajikistan remains strong; they have successfully helped improve people’s lives through better road connectivity and more reliable power supply.
ADB welcomed Tajikistan as a member in 1998. During 15 years of partnership with the country, ADB has helped improve the welfare of the Tajik people. The partnership has promoted social development, restored or built new infrastructure, expanded agriculture production, and encouraged regional cooperation and trade.
Landlocked in the midst of east, south, and central Asia, Tajikistan boasts some of the world’s highest mountains, which cover a staggering 93% of its territory.
In 2014, Tajikistan’s economic growth eased back from 2013 levels, but remained robust. Despite these positive economic indicators, Tajikistan’s economy remains vulnerable to external shocks caused by its narrow economic base and a heavy reliance on remittances by labor migrants.
Key development challenges facing the country include the lack of reliable power supply, unstable food security, poor transport connectivity, and low levels of private sector investment.
ADB is Tajikistan’s largest multilateral development partner, and plays an invaluable role in aligning the country’s aid with ongoing necessary reforms.
Projects in Tajikistan
- Strengthening Private Sector Participation in Technical and Vocational Education and Training
- CAREC Corridors 2, 5, and 6 Road Project (Dushanbe–Kurgonteppa)
- Wholesale Metering and Transmission Reinforcement Project
- TAJ: Promoting Financial Inclusion through Greenfield Banking–
- Water Resources Management in Pyanj River Basin