IMPROVEMENT OF THE INVESTMENT CLIMATE IN THE ENERGY SECTOR OF TAJIKISTAN

Author:

NAZIROV Jaloliddin1

Affiliation:

1. Ministry of energy and water resources of the Republic of Tajikistan

Abstract

This paper examines the current state of the investment climate in Tajikistan, determining factors, problems, and challenges that have a significant decisive impact on the investment climate and energy sector of the country, by conducting a survey and descriptive analysis. The result of the study identified important determining factors that seriously affect investment, including regulatory, economic, political, and social factors, the most important of which are political stability (risk), taxes, corruption, bureaucratic difficulties, access to infrastructure. The results of our research have shown that the above-mentioned determining factors are the most influential and important obstacles in the process of attracting and implementing FDI investments, which seriously affect the business environment and hinder the process of attracting FDI to the energy sector of Tajikistan. The study identified and confirmed the importance of role above-mentioned determining factors, in improving the investment climate in the energy sector of Tajikistan.

Publisher

Academy of Public Administration under the President of the Republic of Kazakhstan

Subject

General Medicine

Reference35 articles.

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2. State Committee on Investment and State property management of the Republic of Tajikistan (2019). Retrieved March 4, 2019 from: https://investcom.tj/en/investments/activities/190-statistics-of-foreign investments.html

3. World Bank. (2015). Partnership program of the world Bank and the

4. Republic of Tajikistan. Retrieved March 20, 2019 from: http// www.woldbank.org/content/dam/Worldbank/document/Tajikistan.pdf

5. Ministry of foreign affairs of the Republic of Tajikistan. (2019).

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