Tajikistan invites India to invest in hydro power

September 08, 2009 10:43 am | Updated 03:00 pm IST - Dushanbe

Tajikistan has invited India to explore the huge hydro power potential in the country as part of efforts to intensify bilateral economic cooperation and explore new areas of partnership between the two sides.

Addressing businessmen at the inauguration of India-Tajikistan Business Forum in the presence of President Pratibha Patil on Monday night here, Tajikistan President Emomali Rahmon said his country was also ready to cooperate with India in the field of mining, pharmaceuticals, agriculture product processing and other new areas.

“Our bilateral cooperation is increasing over last years, however, we still have tremendous opportunities and unexhausted reserves of fruitful cooperation,” Mr. Rahmon told the captains of industry from India.

The Tajik President said his country was ready and open to invite India and its businessmen to explore possibilities of investing in hydro power projects.

He said his country along with Afghanistan and Pakistan would be very happy to support such projects.

Mr. Rahmon said his country was also interested in Indian companies participation in the proposed silver extraction project for which an international bid is to be launched.

Sharing the views of her Tajik counterpart, Ms. Patil said investors from India and Tajikistan can consider opportunities for bilateral investment in areas like agriculture, mining, transport, infrastructure, hydropower as well as health and education.

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