DUSAHNBE, July 13, Asia-Plus -- The Dushanbe Office of International Finance Corporation (IFC) will present Tajikistan’s housing market survey in Dushanbe following Tuesday July 18.
The IFC Dushanbe Office source says the survey was conducted within the framework of the “Development of Primary Mortgage Market in Central Asia” Project implemented by IFC since 2005 under financial support of the State Secretariat for Economic Affairs of Switzerland (SECO).
This project is documenting demand and identifying gaps in current housing finance system in Tajikistan. It is studying conditions and possibilities of development of primary mortgage market in the country. This study supposes providing technical assistance to Tajikistan’s government in working out a complex approach to creation of infrastructure, including legislation, necessary for development of the housing finance system and creation of conditions for drumming financial resources in this sector. The data will be used to create action plans for improving the affordability and availability of housing funds for middle and lower income households and, where feasible, generate business viability plans for primary and secondary mortgage finance companies in the country.
The presentation will be held within the framework of a visit of IFC mission to Tajikistan from July 16-19 – “Partnership for Private Sector Development” Program.
We will recall that Tajik energy delegation visited China in this spring this year. According to information from the Tajik Energy Ministry, Tajik and Chinese power companies signed contracts worth $340 million for construction of high-voltage electricity lines.
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