OMM Newsroom
Tajikistan and the European Bank for Reconstruction and Development (EBRD) are preparing a $900 million investment roadmap for 2026–2030. The plan aims to support economic growth, infrastructure and private-sector development.
AnewZ, citing the press service of the president of Tajikistan, reported that the five-year plan was discussed at a meeting in Dushanbe between Tajik President Emomali Rahmon and EBRD Vice President for Banking Matteo Patrone. The roadmap is expected to expand the bank’s support for the country’s economy, particularly businesses and investment.
Plan covers business financing and infrastructure upgrades
Emomali Rahmon called the EBRD a key partner in strengthening Tajikistan’s economy and infrastructure. He urged the bank to increase direct financing for producers and provide more accessible, long-term loans to small and medium-sized enterprises, particularly in the regions.
The meeting also addressed expanding lending in the national currency and helping local companies prepare to issue bonds.
Investment priorities include drinking water supply, wastewater management and irrigation system upgrades, as well as improving the management of state-owned enterprises. The sides also considered opportunities in public-private partnerships, education and digitalization.
EBRD annual financing could reach $180 million
The proposed roadmap builds on more than 30 years of cooperation between Tajikistan and the EBRD. Since beginning operations in the country in 1993, the bank has invested more than 1.1 billion euros, or about $1.23 billion.
The investment framework was formalized in a memorandum of understanding signed in September by Tajik Finance Minister Faiziddin Kahhorzoda and EBRD President Odile Renaud-Basso.
Under the proposed plan, the EBRD could provide an average of $180 million in annual financing to Tajikistan from 2026 to 2030. That is about 75% more than the roughly $103 million in financing agreements the bank signed in the country in 2025.
Annual investment would amount to about 1% of Tajikistan’s gross domestic product, estimated at $17.7 billion for 2025.
The proposed financing would bring the EBRD’s investment commitments closer to those of the Asian Development Bank, which is expected to provide about $1.1 billion in support over the same five-year period. That amounts to roughly $220 million a year for the Asian Development Bank, compared with the planned $180 million for the EBRD.
If fully implemented, the roadmap would increase the EBRD’s financial support for Tajikistan, directing more investment to infrastructure, businesses and long-term financing across the country.
