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Turkmenistan preparing joint economic projects with Austria

Business Materials 10 July 2018 17:06 (UTC +04:00)

Ashgabat, Turkmenistan, July 10

By Huseyn Hasanov - Trend:

The preparations for the Turkmen-Austrian business forum, which will be held this year in Vienna are conducted at the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET), the UIET said in a statement.

A package of proposals aimed at enhancing trade contacts and investment partnership is being prepared for the meeting.

Taking into account the large-scale projects implemented by the Turkmen entrepreneurs, the participants of the business forum will discuss ideas related to cooperation in the creation of joint innovative production in the free economic zones of Turkmenistan, in the construction of plants for the production of mineral fertilizers, as well as petrochemical and gas chemical products, the message says.

The extraction of minerals and the creation of high-tech manufacturing enterprises, mining and paper industry, logistics, textile and leather production are among the promising areas of cooperation. The attraction of European technologies in the chemical industry, the manufacture of non-metallic mineral products (glass, ceramics, etc.) is seen as relevant.

The experience of Austria serves as a basis for mutually beneficial contacts in the agricultural sector and meat processing. Taking into account the increasing export opportunities of the UIET members, it is planned to discuss the issues of promotion of Turkmen products, in particular, fruit and vegetable products in the markets of Europe, the establishment of direct contacts with Austrian wholesale companies.

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