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Turkmenistan reveals amount of investment projects by Japanese companies

Turkmenistan Materials 3 October 2022 15:53 (UTC +04:00)
Turkmenistan reveals amount of investment projects by Japanese companies
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, October 3. At the moment, 38 investment projects with the participation of Japanese companies have been registered in Turkmenistan, Trend reports citing the State News Agency of Turkmenistan (TDH).

This was stated by the Chairman of the upper house of Parliament of Turkmenistan Gurbanguly Berdimuhamedov at a meeting with representatives of the Japanese business community, which took place in Tokyo, Japan.

According to him, the total amount of these investment projects exceeds $11 billion, about 230 million euros ($224.9 million) and almost 17 billion yen ($117.1 million).

He noted that only over the past four years, with the participation of Japanese companies, large industrial facilities have been put into operation in Turkmenistan – a gas chemical complex for the manufacturing of ammonia and carbamide in Garabogaz, a polymer factory in Kiyanly, a plant for the production of gasoline from natural gas in Ovadandepe and a gas turbine power plant in the Charjew district of the Lebap region.

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