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Turkmenistan plans to draw Arab countries' huge investments

Business Materials 2 December 2009 18:48 (UTC +04:00)
The Turkmen Investment Forum to be held in Abu Dhabi (UAE) in February 2010 will promote to draw huge foreign investments from Arab and other well-known global companies, " Turkmen President Gurbanguly Berdimuhammedow said.
Turkmenistan plans to draw Arab countries' huge investments

Turkmenistan, Ashgabat, Dec. 2 / Trend H. Hasanov /

The Turkmen Investment Forum to be held in Abu Dhabi (UAE) in February 2010 will promote to draw huge foreign investments from Arab and other well-known global companies, " Turkmen President Gurbanguly Berdimuhammedow said.

"It will allow foreign partners to demonstrate the economic potential of Turkmenistan", he said at the last governmental meeting.

Turkmenistan has recently received a large loan worth $4 billion from China. These funds will be allocated for industrial development of Iolotan deposit included in the five largest fields in the world.

The Turkmen government also conducts organizational actions related to participation in World Exhibition Expo 2010, held in Shanghai.

The Turkmen President emphasized the importance of propaganda of Turkmen economic achievements worldwide. He called on that all planned actions to be correspondent with a high level of organization.

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