More than 170 Russian companies have expressed interest in localizing their production in Tajikistan as part of a major bilateral industrial initiative.  This was announced by Russian Ambassador to Tajikistan, Semyon Grigoryev, in an interview with Tajikistan’s state-run news agency Khovar.

The project centers around the creation of a joint industrial park in Dushanbe, with Russia contributing 500 million rubles toward its establishment.  The park aims to attract companies from sectors such as metallurgy, chemicals, electrical engineering, mechanical engineering, instrumentation, and medical equipment manufacturing.

Ambassador Grigoryev described the industrial park as a strategic move toward building a high value-added economy in Tajikistan.  According to him, the project will help boost domestic raw material processing, create new jobs, attract investment, increase export capacity, and reduce dependency on imports.  “This will enhance the resilience of the national economy and improve the population’s quality of life,” he emphasized.

The initiative is being implemented under a government-to-government agreement signed during Tajik President Emomali Rahmon’s official visit to Russia on March 17, 2025.  Under the agreement, Russia is investing 500 million rubles in the assets of the joint venture’s founding company, while Tajikistan is providing the production facilities.

A special investment agreement is already being finalized.  It will define the mechanisms for applying preferential tax and customs regimes for residents of the industrial park.

A preliminary list of more than 170 Russian companies interested in localizing production in Tajikistan has already been compiled.  These include enterprises from metallurgy, chemical production, electrical and mechanical engineering, instrumentation, and medical equipment sectors.

The industrial park will be based at the state-owned enterprise Korgohi Mashinasozi in Dushanbe.  The site covers 9.3 hectares, with a total building area of 45,000 square meters.  Three production buildings are set to be renovated to accommodate the new enterprises.  Priority sectors for development include light industry, machine tool manufacturing, medical equipment production, and metallurgy.

Initial park residents are expected to include Russian companies such as Yevnat and Ecosber from Bashkortostan, Kardiodata from the Moscow region, Ruskhim from Nizhny Novgorod, and Tajik firm Sitora Toj.  Participants in the project will benefit from tax incentives — including a 50% reduction in land, property, and income taxes, as well as full exemptions from VAT and customs duties.

Ambassador Grigoryev noted that the active phase of the project is scheduled to begin in 2026.  On October 8, Head of Russia’s Bashkortostan Republic, Radiy Khabirov visited the construction site of the industrial park during his visit to Tajikistan.

The concept of establishing a joint Tajik-Russian industrial technopark in Dushanbe was first introduced in 2024.  At the time, Roman Chekushov, Director of the Department for International Cooperation and Licensing in Foreign Trade at Russia’s Ministry of Industry and Trade, announced that the park would be built on the site of the former Dushanbe Machine-Building Plant — a centrally located facility with favorable transport access.

Tajikistan’s Minister of Industry and New Technologies, Sherali Kabir, confirmed in February 2025 that active work on the project would begin this year.  He emphasized that reconstruction of existing buildings would help fast-track implementation. The site will be equipped with modern technologies, and generous tax incentives are expected to make it attractive to investors.

According to Minister Kabir, the Dushanbe industrial park is modeled after the Kazan Technopark and will be part of a broader strategy to build more than 30 such facilities across Tajikistan.