On June 23, at the headquarters of the Asian Infrastructure Investment Bank (AIIB) in Beijing, during a meeting between the Minister of Finance of the Republic of Tajikistan Faiziddin Kahhorzoda and the Director of the Asian Infrastructure Investment Bank Konstantin Limitovsky, a Grant Agreement for the amount of 2.04 million US dollars was signed, the Ministry of Finance of the Republic of Tajikistan reports.
The grant agreement was allocated under the Project-Specific Window (PSW) mechanism and funded by the China International Development Cooperation Agency (CIDCA). It aims to support the construction of the Obigarm-Nurobod road. It will also cover social activities, including training of specialists, establishment of training centers for women and youth entrepreneurship programs in the project areas.
As reported, this is the first official grant under the Project-Specific Window mechanism for Tajikistan.