Poll
To what degree do you agree that militant groups like the Islamic Movement of Uzbekistan have been weakened by recent events?
Photo of the Day
Customers at the General Post Office (GPO) in Peshawar February 6 buy stamps commemorating the late computer prodigy Arfa Karim, who died of epilep...
-
Collateral Damage (01:21)
Special Reports
Most Popular
Reader Comments
New market opens in Khorog
A July 17 ribbon cutting ceremony marked the grand opening of a new market in Khorog, a city in Gorno-Badakhshan that is expected to provide new employment opportunites in the area.
Tamiris Tokhiri
2009-08-03
TAJIKISTAN — A July 17 ribbon cutting ceremony marked the grand opening of a new market in Khorog, a city in Gorno-Badakhshan that is expected to provide new employment opportunites in the area. Taking part in the ceremony was Prime Minister Okil Okilov.
-
Markets play a major role in the economies of Central Asia, employing tens of thousands and providing inexpensive goods for those who find retail store prices out of their reach. (Photo by Maxim Marmur/AFP/Getty Images)
The 3,000-square-metre market can accommodate 600 vendors. Construction began four years ago and was financed largely by the local municipal budget with assistance from the Prince Kareem Aga Khan IV Foundation. Building costs ran to around US$1 million.
This new facility is expected to play a critical role in the social and economic development of the region. Future profits from the market will be put towards building new warehouses, financing the commercial production of construction materials, and opening hotels and retail outlets.
Post a Comment ( Comment Policy )
Reader Comments
"This appears informative about business activities in Central Asia. I would love to read more on business activities and the incentives given by the local authorities in Central Asian countries to foreign investers. I mean if someone like me want to establish a small business in one of the Central Asian countries like TADJIKISTAN, UZBEKISTAN, KAZAKHSTAN, AZERBAIJAN, KRYGHISTAN etc how we should take start. I mean we need the guidance to do so. Tks MUSTAFA"