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Turkmenistan interested in expanding business relations with S.Korea

Turkmenistan Materials 19 May 2016 17:22
Turkmenistan attaches special importance to boosting the business relations with South Korea.
Turkmenistan interested in expanding business relations with S.Korea

Ashgabat, Turkmenistan, May 19

By Huseyn Hasanov - Trend:

Turkmenistan attaches special importance to boosting the business relations with South Korea, Turkmenistan's President Gurbanguly Berdimuhamedov said.

He made the remarks during the meetings with representatives of large South Korean companies, said the message from Turkmenistan's government May 19.

The president held meetings with CEO of Hyundai Engineering Wee-Chul Kim and CEO of LG International Corporation Chi-Ho Song in Ashgabat.

The representative of Hyundai Engineering praised the favourable conditions created in Turkmenistan for attracting foreign investments and encouraging the international cooperation.

Chi-Ho Song noted that the projects which are being implemented in recent years are meant to promote the further sustainable development and economic growth of the country.

Such projects as the construction of a gas desulphurization plant at Galkynysh field and modernization of an oil refinery in Turkmenbashi were successfully implemented in Turkmenistan with participation of a South Korean consortium consisting of Hyundai and LG.

The consortium plans to complete the construction of a polyethylene and polypropylene plant in Kiyanly village of Turkmenistan's Balkan province ahead of schedule.

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