Translated with AI
A working meeting between Nigina Abdurakhmonzoda, Director of the Agency for Securities and Specialized Registration of Tajikistan, and Ozodkhon Davlatshoev, Director of Indigo Tajikistan LLC, took place in Dushanbe. The event was held at the request of Finance Minister Fayziddin Sattor, according to the Agency's press service.
During the meeting, Abdurakhmonzoda emphasized that developing the securities market is a priority for Tajikistan's financial policy. She noted the stock market's key role in ensuring financial stability, attracting investment, and stimulating national economic growth.
"In 2024, we achieved important results: government securities with market yields were issued, and the first private sector issue of green bonds was registered. These steps strengthened investor confidence and brought the market into line with international standards," Abdurakhmonzoda stated.
Indigo Tajikistan LLC, owner of the TCELL brand, is one of the largest private companies in the country, boasting high levels of corporate governance, digital maturity, and strong financial performance. The parties discussed the company's potential for active participation in the capital market as an issuer and investor, which could significantly contribute to the development of the national stock market.
Particular attention was paid to the prospect of the company's initial public offering (IPO) on the domestic capital market. This step could provide a significant boost to the sector's development, increase market liquidity, attract private investment, and demonstrate the implementation of international standards of corporate transparency and investor protection.
The dialogue also discussed existing barriers to companies entering the capital market and ways to overcome them. The parties agreed on the need to develop specific proposals to improve the investment climate and regulatory framework in line with the priority areas of financial reform in Tajikistan.
Following the meeting, the participants expressed their readiness for further cooperation and joint work on developing the country's capital market.
