Tajik President hails cooperation with China in mining

By Richard Fu | May 20, 2014, Tuesday |

Online Edition

TAJIK President Emomali Rahmon affirmed China’s contribution in resources development in the Central Asian nation, saying it will continue to improve policies and rules to attract more investment in the industrial sector.

Rahmon made the remarks today during a visit to the headquarters of Shanghai Haicheng Resources (Group) Co, whose unit Tajik-China Mining Co is already the largest investor in Tajikistan’s mining industry and also Tajikistan’s second-largest industrial company.

Mining and ore processing is key part of the Tajik economy. Among the Central Asian republics, Tajikistan ranks first in lead and zinc resources.

Rahmon said its government is implementing a set of policies to upgrade its own industrial enterprises and improve business environment to attract more investment in the resource-rich nation.

To date, Tajik-China Mining has invested more than US$100 million in the Tajik mining sector, as part of China’s go-out strategy for strategic resources.

They include the Altin-Topkan lead and zinc mine, which is now the largest cooperation project in the mining industry between Tajikistan and China.

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Tajik President hails cooperation with China in mining

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