China’s investments into Tajikistan accounted for 55% over last 5 years

Almaty. December 14. Silkroadnews - China’s investments into Tajikistan accounted for 55% over last 5 years, the Tajik Telegraph Agency (TajikTA) reports on Thursday.
“Average annual growth in China’s direct investment into Tajikistan made 55% over the past five years. About a half of Chinese direct investments entering the republic are directed to the development of non-ferrous metals’ fields. A significant inflow of Chinese direct investment was observed after the settlement of territorial disputes with China in 2011,” the report by the Eurasian Development Bank “EAEU and Eurasia: Monitoring and Analysis of Direct Investments 2017” says.
According to the bank analysts, first investment projects were related to the non-ferrous metals fields mining, for the last three years the investors’ interests have been turning to construction materials production.
“By the end of 2016, non-ferrous metallurgy accounted for 46% of the Chinese direct investment’s total volume, while construction sector took about 20%. A number of projects are being implemented in the fuel and construction complex, including the construction of the Tajik section of the Turkmenistan-China gas pipeline and the first stage of the refinery in the Dangara FEZ, the authors of the report note.
The total volume of foreign direct investment accumulated by Tajikistan by the end of 2016 amounted to almost $3.1 billion, the State Committee on Investments and State Property Management of the Republic of Tajikistan reports.
China accounts for about 32% of the total amount of investments generated by the republic.
To compare, by the end of 2016 the CIS states’ direct investments in Tajikistan's economy made $950 million.
In the first quarter of this year, economy of Tajikistan received more than $130 million of foreign direct investment, of which over 60% (more than $76 million) come from China.