A. Overview
1. What is the main legislation and international
treaties governing the project financing in your
jurisdiction?
The most relevant act is the (i) Civil Code, (ii) Tax Code,
(iii) Registration of Legal Entities and Individual Entrepreneurs
Act, (iv) Public Private Partnership Act, (v) Limited Liability
Companies Act, (vi) Joint Stock Companies Act.
Tajikistan has entered into a number of bilateral treaties
related to investment protection. That said, international treaty
applicability for the time being is left to be desired.
2. How mature is the project finance market in your
jurisdiction, and what are the most significant project financings
closed during the last 12 months?