There is no obvious reason to buy into Tojiksodirotbank, which is weighed down by crushing liabilities. So who are these mysterious Saudi and Chinese investors?
Many Tajiks associate the Roghun mega-dam with a revival of Soviet-style development, or at least a rosy image of it, forgetting the reasons it was originally cancelled.
Nine years after Tajiks were strong-armed into buying shares in a hydropower plant, it has begun producing power. Will they see dividends? Or will the electricity simply benefit the elite?
