Signing of a Memorandum of Understanding between the Ministry of Economic Development and Trade and Eging PV Technology Co., Ltd for the construction of a solar energy substation in the Panj Free Economic Zone

On May 29, 2024, a meeting was held between the Minister of Economic Development and Trade Zavqizoda Zavqi Amin and the Regional Representative of Eging PV Technology Co., Ltd. in Central Asia by Meng Yongfang.

Zavqizoda Z. A. noted that thanks to the wise policy and supreme political will of the leaders of both countries, the Founder of Peace and National Unity - the Leader of the Nation, President of the Republic of Tajikistan, respected Emomali Rahmon, and the Chairman of the People's Republic of China, respected Xi Jinping, the strategic cooperation of our countries has reached a qualitatively new level .

During the meeting, Zavqizoda Z. A. presented the investment opportunities of the republic, priority directions and areas of attracting foreign investment, including in the country’s free economic zones and the provision of tax and administrative benefits for the creation of industrial enterprises, invited to take part in investment projects in the field of solar construction power plants and the implementation of other priority investment projects in the country, which was received positively.

As part of this meeting, a Memorandum of Understanding was signed between the Ministry of Economic Development and Trade and Eging PV Technology Co., Ltd. on the construction of a solar power plant in the Panj Free Economic Zone.

It should be noted that the company decided at the first stage to build a solar power plant worth $150 million, with a capacity of 200 MW on an area of 250 hectares on the territory of the Panj Free Economic Zone. The total investment in four stages is $1.5 billion.

At the end of the meeting, the parties expressed their readiness to expand mutually beneficial cooperation.