The recent discovery of hydrocarbon and mineral deposits in Tajikistan has the potential to transform what is now Central Asia’s most economically disadvantaged nation. Whether the Tajik government can take full advantage of the opportunity will depend greatly on its ability to offer foreign investors a higher comfort-level.
For most of the post-Soviet era, Tajikistan was left out of Central Asia’s rush to extract hydrocarbons and minerals. But with global demand growing and known reserves dwindling, there has been a new push to uncover fresh deposits. The initial results have been positive, causing hope to rise in Dushanbe that mining and energy development can enable the long-suffering country to attain energy self-sufficiency and alleviate widespread poverty.
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