Int’l investment projects to be discussed in Turkmenistan
Ashgabat, Turkmenistan, Nov. 7
By Huseyn Hasanov- Trend:
The 7th International Turkmenistan Investment Forum will take place November 10-11 2015 in Azava, Turkmenbashy, Turkmenistan, said the press release.
The Ministry of Economy and Development of Turkmenistan, and the Chamber of Commerce and Industry of Turkmenistan are organizers of the event.
As part of the event's business program, representatives of government bodies, business communities and experts will discuss the investment potential of Turkmenistan's economy and the development prospects for international collaboration.
Topics aimed at developing the country's transport and communication infrastructure, investing in large-scale construction projects and modernizing road infrastructure and road transport, developing air and sea routes, banking and financial services, investing in the chemical, textile, and manufacturing industries, and attracting investments for the country's agriculture, food, pharmaceutical and medical industries will also be widely discussed.
The organizers of the International Turkmenistan Investment Forum will create conditions for participants to have one-on-one meetings with heads of Turkmenistan's ministries and national companies, which will encourage mutually beneficial long-term cooperation.
It was earlier reported that it is planned to commission 428 large industrial projects worth more than $9.700 billion in Turkmenistan in 2016.
In addition, construction of more than 220 projects worth about $18 billion will begin as part of the large-scale investment program.
Turkmenistan is one of the key players on the energy market of the Caspian region and Central Asia. At this stage, deliveries are carried out in China, Iran and Russia.
Status of the biggest energy power was confirmed by the Galkynysh field (Mary region of Turkmenistan), the stock assessment of which in line with the international classification system of reserves amounted to 21.2 trillion cubic meters of gas, and in conjunction with the Yashlar deposit - 26.2 trillion cubic meters of gas.