Tajikistan has a lot of potential growth in most sectors. Modern technology and techniques in many cases may be easily introduced for productive sectors. For example, agriculture has seen broad adoption of effective modern techniques for irrigation, pest control, and fertilization, replacing older “flood and spray” methods inherited from the Soviet era. The Ministry of Finance and the National Bank of Tajikistan are eagerly pursuing electronic payment systems, automatic accounting and payments technologies, and other advances that allow greater accounting of economic activity for taxation and assessment purposes. Public salaries and pensions are paid digitally onto payment cards monthly, allowing for greater ability to track payments and manage payroll systems.
The government supports greater movement towards industrialization and manufacturing, and away from primarily agricultural operations. Mining and mineral extraction are primary sectors now, but the government is interested in moving towards refining and then moving up value chains towards manufacturing. This has potential not only for mining, refining, and manufacturing sectors, but in business management, advisory, and consultant companies capable of assisting Tajik partners to modernize their industries and become more efficient and productive. Interim efforts towards this goal are ongoing with the introduction of factories for the assembly of prefabricated machine parts.
Expanding sectors around agriculture would include food processing, dry and cold storage, food preservation, and logistics support. The country imports much of its staple produce – onions, potatoes, peppers, wheat, and rice. With less than four percent of its land classified as “arable” due largely to the dry climate and mountainous terrain, there is potential to improve the quality of marginal lands through terracing, soil improvement, irrigation efficiency, etc.
Power generation and distribution is a growth field. Tajikistan’s primary national project, the Roghun Dam Hydropower (HPP) project, will add another 3.6 GW of electricity to Tajikistan’s capacity – well beyond its forecast domestic usage. Transmission and distribution of the power through the country is an ongoing program. Additionally, microgrids capable of powering remote rural areas distant from the established network are potential markets. There are few solar plants in the country – Tajikistan has over 300 sunny days a year, and terrain unsuitable for agriculture can be used to house solar farms.