DUSHANBE, September 30, 2009, Asia-Plus -- Issues related to cooperation between Tajikistan and China’s Gezhouba Group Co. (CGGC) were discussed at Tajikistan’s Chamber of Commerce and Industry (CCI) in Dushanbe yesterday, according to the CCI press service.

Top managers of the Chinese company are interested in participation in construction of hydropower facilities in Tajikistan.

The sides reached an agreement that a group of company’s experts will arrive in Tajikistan in the near future to get acquainted with investment projects, the press service said.

China Gezhouba Group Corporation, affiliated to the State-owned Assets Supervision and Administration Commission of the State Council, was founded in 1970.  CGGC and its branches have proved contracting capability in hydroelectric works and other thirty fields.  It has also wholly or partially contracted and constructed over 100 large hydroelectric projects and approximately 3000 nuclear power stations, thermal power stations, substation and transmission works, highways, railways, bridges, dikes, docks, ports, environment protection works, communication works and housing.

CGGC has been active in its outreach to the overseas market.  So far, it has taken on over 30 contracts in hydroelectric projects, highways as well as water supply in the Middle-East, South Asia, South-East Asia and Africa.  With an average annual increase of 30% in the number of international contracts and turnover in the past three years, CGGC has become one of the fastest growing international contractors.