Dushanbe, Tajikistan-18.05.2013 - The Islamic Development Bank (IDB) trains future leaders and helps in building a modern society. These were the words of the Tajikistan’s Minister of Trade and Economic Development Mr Sharif Rahimzoda. The Minister was speaking on Saturday during a seminar entitled “Financing and Business Opportunities of IDB Projects with Success Stories”, as part of the events preceding to the upcoming Annual Meeting of the IDB Group.

“Tajikistan is a young country, our effort is to train and teach people in different spheres of life and culture, and IDB gives us a chance to train our people. IDB is helping us to build a modern society”, the Minister stated to the delight of the fully packed theatre in the Kohi Somon conference hall in the heart of Dushanbe, the capital of Tajikistan.
In his opening remarks, IDB Vice President (Operations), Mr Birama Sidibe stated that the Islamic Development Bank has approved 340 projects in the CIS (Commonwealth of Independent States) region at the cost of US $4.6 billion, and 59 of these projects are in the Republic of Tajikistan costing US $290 million. The Vice President added that at the moment there are 18 ongoing projects in Tajikistan contributing to the socio-economic development of the country.
The Seminar aimed to create awareness amongst the local and international business communities on IDB offered products, services and business opportunities, giving examples with the success stories of six of its financed projects in Tajikistan, Indonesia, Guinea, Djibouti, and Morocco. The six success stories presented during the seminar included; Micro and Small Enterprise Microfinance in Guinea, Higher Education Intervention in Indonesia, Micro Hydro Power Generators Project and the
Reconstruction of Secondary Education Project in Tajikistan as well as the Doraleh Container Terminal in Djibouti and a Rural Electrification Program in Morocco.