Turkmenistan, French CIFAL discuss prospects of cooperation

Business Materials 26 October 2013 09:41 (UTC +04:00)

Turkmenistan, Ashgabat, October 25/ Trend, H. Hasanov /

Director General of the French CIFAL Gilles Remy met with Turkmen president Gurbanguly Berdimuhamedov and discussed the prospects of cooperation, the Turkmen government said on Friday.

"The CIFAL head said that the increasing interest of a large French business in Turkmenistan is caused by the intensive dynamics of socio-economic development and creation of a favorable investment environment in the country," the information said.

Gurbanguly Berdimuhamedov stressed that he is glad to welcome one of the leading French company in Turkmenistan with which close partnership relations have already been established.

According to him, Turkmenistan, staking on the advanced achievements of scientific and technical thought and innovation technologies, is open for mutually beneficial business contacts.

CIFAL has been present on the Turkmen market for 20 years. It was recently announced that the company started to pay attention to agricultural sphere, cotton cultivation in particular.

In general, French companies are already broadly represented in such spheres as construction, transport, tourism, energy sector, space technologies. Schneider Electric, VINCI Construction, Bouygues, Thales International and others are among those companies

Co-operation in the fuel and energy complex is especially important. "Total", the fourth largest oil and gas company in the world, can be attracted to production of oil and gas in Turkmen sector of the Caspian Sea and to research the possibilities of gas transportation from Turkmenistan to Europe. Gas de France also expressed its interest in cooperation.