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Turkmenistan to hold international forum for potential investors

Business Materials 25 September 2012 09:19 (UTC +04:00)
Ashgabat is preparing for the IV Turkmenistan International Investment Forum, which will be held on October 17-19, an official Turkmen source said on Monday
Turkmenistan to hold international forum for potential investors

Turkmenistan, Ashgabat, Sept. 24 / Trend H. Hasanov /

Ashgabat is preparing for the IV Turkmenistan International Investment Forum, which will be held on October 17-19, an official Turkmen source said on Monday.

Potential investors and heads of foreign and international companies plan to hold talks with government representatives, ministries, agencies and local business within the forum. The preparations were discussed at a government meeting.

Turkmen President Gurbanguly Berdimuhamedov emphasised the importance of an investment forum to further strengthen and intensify mutually beneficial cooperation.

He added that the wide attraction of investments in the real sector of the economy plays an important role in the dynamic development of all sectors of the economy.

'Thanks to a balanced investment policy, Turkmenistan maintains high rates of socio-economic growth realising large scale national programmes and major projects of international importance', Neutral Turkmenistan newspaper said today.

The president has issued orders to ensure a high level meeting at the upcoming forum.
The forum which was organised by the Turkmen Trade and Industry Chamber was held in Ashgabat in 2011. Over 330 participants attended, including 120 foreign delegates and business officials from 20 states.

Experts and heads of international banks, investment funds, financial corporations, economic missions and structures of the UN, OSCE and UAE also arrived in Ashgabat to take part in the third forum.

The socio-economic, innovative and industrial development of Turkmenistan, including in the spheres of the science, fuel and energy complex, diversification of exports of energy resources, agriculture, the textile industry, healthcare and pharmaceuticals, information technology, TV communications, foreign trade and business were discussed.

Special attention was paid to the place and role of financial and banking structures in forming investment capital, exports, taxing and credit policy, support for the non-state sector of the economy and legal aspects of foreign trade and investments.

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