Tajikistan and EBRD sign 2026-2030 investment roadmap

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Tajikistan and the European Bank for Reconstruction and Development signed a memorandum of understanding setting cooperation priorities for 2026–2030. Finance Minister Faiziddin Qahhorzoda and EBRD President Odile Renaud-Basso signed the document on September 14 in London. The memorandum links the bank's three-year investment portfolio to policy reforms, project preparation, and financing mobilization.
Key Facts
- The memorandum covers energy, roads, water supply, irrigation, electric buses, and rural internet development.
- The signing took place on September 14 in London on the sidelines of the J.P. Morgan Emerging and Frontier Markets Opportunities Conference.
- The document provides for cooperation on state-owned enterprises, green investments, renewable energy auctions, sustainable infrastructure, transport accessibility, and private sector development.
- The memorandum will serve as the basis for a reform program covering governance and financial sustainability of state-owned enterprises, tariff and subsidy reform, and renewable energy regulation.
- During the visit, the Tajik finance minister will meet with EBRD vice presidents Matteo Patrone, Mark Bowman, and Fatoumata Bouaré, as well as infrastructure director Ekaterina Miroshnik and telecommunications director Holger Muent.
Investment Priorities
Tajikistan and the EBRD will identify, prepare, and prioritize projects to strengthen energy grids and reduce electricity losses, develop renewable energy, and expand transmission lines. Other areas include modernization of roads, water supply and sanitation systems, irrigation development, electric buses, and rural broadband internet access. The memorandum also covers cooperation on state-owned enterprises, green investments, renewable energy auctions, sustainable infrastructure, transport accessibility, and private sector development.
Reform Program
The memorandum will form the basis for a reform program addressing governance and financial sustainability of state-owned enterprises, tariff and subsidy reform, and renewable energy regulation. The EBRD's three-year investment portfolio in Tajikistan is linked to policy reforms, project preparation, technical cooperation, and financing mobilization.
London Meetings
Negotiations between Qahhorzoda and Renaud-Basso took place on September 14 in London on the sidelines of the J.P. Morgan Emerging and Frontier Markets Opportunities Conference. During the visit, the Tajik finance minister will meet with EBRD vice presidents Matteo Patrone, Mark Bowman, and Fatoumata Bouaré, infrastructure director Ekaterina Miroshnik, and telecommunications director Holger Muent. The J.P. Morgan conference, held in London from September 15 to 17, 2026, brings together government, corporate, banking, and investment community representatives to discuss economic growth, capital raising, and investment opportunities in emerging and frontier markets.