The issue of increasing financing for Saudi Arabia for the implementation of the Roghun hydroelectric power station was discussed between the Minister of Economic Development and Trade of the Republic of Tajikistan and the Minister of Finance of the Kingdom of Saudi Arabia

  

To carry out the instructions of the Founder of Peace and National Unity - Leader of the Nation, President of the Republic of Tajikistan, respected Emomali Rahmon, on March 19, 2024, a meeting was held in a video conference format between the Minister of Economic Development and Trade of the Republic of Tajikistan, Zavqizoda Zavqi Amin, and the Minister of Finance of the Kingdom of Saudi Arabia, Mohammed Al-Jadaan.

First of all, Zavqizoda Z. A. expressing gratitude to Saudi Arabia for financing priority projects of the Republic of Tajikistan, the parties paid special attention to the issue of attracting investments for the construction of the Rogun hydroelectric station.

It was also noted that the President of the Republic of Tajikistan, Leader of the Nation, respected Emomali Rahmon, attaches paramount importance to expanding mutually beneficial cooperation with the Kingdom of Saudi Arabia.

The Minister of Economic Development and Trade asked the Minister of Finance of the Kingdom of Saudi Arabia to make his contribution in connection with the increase in funds from the Saudi Development Fund for the implementation of the Roghun hydroelectric power station, as well as the allocation of preferential funds from the Islamic Development Bank for this project.

At the request of the Tajik side, the Minister of Finance of the Kingdom of Saudi Arabia expressed readiness to cooperate with the Saudi Development Fund and the Islamic Development Bank to increase preferential financing for the Roghun hydroelectric power station project.

It should be noted that currently an agreement has been signed with the Saudi Development Fund to finance the construction of the Roghun hydroelectric power station for a total amount of $100 million, and the Islamic Development Bank has allocated $150 million for the construction of these facilities.