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Turkmenistan considers opportunities to draw foreign investments

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Date: 12 November 2015 20:12

Ashgabat, Turkmenistan, Nov. 12

By Huseyn Hasanov– Trend:

The seventh International Investment Forum of Turkmenistan was held in the Avaza national tourist zone, the Turkmen Dovlet Habarlary state news agency reported on Nov. 12.

The forum was organized by the country’s Chamber of Commerce.

The issues related to the creation of conditions for increasing the amount of foreign investments to carry out the projects of developing the oil and gas and petrochemical complex, health and medical industries, transport and communication sectors, and financial and banking institutions were discussed at the forum.

"The forum participants are greatly interested in the investment opportunities in construction and the construction materials industry of Turkmenistan, as well as processing of hydrocarbon resources in the Turkmen sector of the Caspian Sea," a statement said.

Further, the significant potential was stressed for the expansion of long-term partnerships in the textile industry, the energy sector, information technologies, agro-industrial complex and food industry.

The forum brought together over 200 delegates from more than 20 countries, as well as representatives of the leading international and regional financial institutions, and the largest foreign companies. The ministers, heads of departments, banks, specialized research institutes, the Union of Industrialists and entrepreneurs from Turkmen attended the forum.

Among the forum participants were the representatives of the International Road Transport Union, the Islamic Development Bank, the France-Turkmenistan Chamber of Commerce, the European Bank for Reconstruction and Development, the heads of the Turkish-Turkmen Business Council, the Union of Chambers and Commodity Exchanges of Turkey and the largest companies in China, France, and Spain.

Turkmenistan is prepared to consider specific projects aimed at the creation of innovative enterprises in various sectors of the economy, according to officials.

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