Tajikistan to receive half a million dollars from the ADB to raise milk production

Almaty. January 25. Silkroadnews – The Asian Development Bank (ADB) will provide Tajikistan with nearly $500 thousand grant to raise milk production, Tajik Telegraph Agency (TajikTA) writes on Wednesday.

“The Asian Development Bank starts the preparatory work for a project aimed at improving food security in Tajikistan through raising the productivity of the dairy industry and its resilience to climate change. Grant technical assistance in the amount of $500 thousand provided by the bank is aimed to develop a feasibility study for the proposed investment project”, the statement said.

As senior economist of the ADB Department for Central and West Asia Samchan Shrest explains, the major reasons behinds the country’s dairy industry underdeveloped are limited investment and access to credit, lack of business knowledge and skills, weak links to markets.

It is expected that the proposed project will contribute to raise the production of milk and milk products, diversify the dairy products and improve access to the markets. It also aims to improve pasture management and create more employment opportunities in urban and rural areas.

The proposed project also assumes support for the public-private partnership. It is expected that the project will be submitted for approval by the ADB Board of Directors at the end of 2017.