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Chinese companies offer joint projects to Turkmenistan

Chinese companies offer joint projects to Turkmenistan

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Date: 13 November 2015 14:47

Ashgabat, Turkmenistan, Nov. 13

By Huseyn Hasanov– Trend:

The members of the Turkmen governmental delegation held a series of bilateral meetings and talks with the representatives of Chinese business circles during Turkmen President Gurbanguly Berdimuhamedov’s visit to China on November 11-12, according to a report published in the Neutral Turkmenistan newspaper on November 13.

During the meeting, the sides exchanged views on the prospects and ways to intensify their long-term partnership. Plans were discussed for further cooperation.

In particular, projects relating to the construction and reconstruction of the existing railway-carriage repair works in the town of Serdar and the construction of the railway carriage repair plant in Turkmenistan were discussed during the negotiations with the representatives of the Chinese Engineering Corporation (CAMS), the newspaper revealed.

China Sinopharm International Corporation, specializing in the export and import of pharmaceutical products, and Jiangsu Guotai Int'l Group Hengyuan Investment Development Co. Ltd., operating in the sphere of investments, financial sector, trade, real estate, and hotel business, expressed interest in the implementation of a project to build a modern plant for producing thick liquorice extract.
The plans for supplying computer equipment to Turkmenistan were also discussed with the representatives of Lenovo Group Limited and Forever Wise (Hong Kong) Limited.
This took place while new joint projects for oil and gas production and manufacturing of equipment for oil production were concurrently being discussed with the representatives of China National Petroleum Corporation.

Huawei Technologies Co. Ltd. presented several new offers to the Turkmen delegation, particularly for cooperation in the oil and gas, railway, and education sectors.

Discussions were also held on projects for the installation of SCADA and communication systems at the East-West Pipeline, an e-education project financed through a Chinese government grant, and a plan on imparting trainings to education specialists as part of a Huawei program titled "Telecom Seeds for the Future."

The talks with Jiangsu Guotai Int’l Group Hengyuan Investment Development Co. Ltd. covered partnership in municipal construction and the execution of large-scale cultural events.

The issues related to the establishment of joint wholesale markets in Turkmenistan and China on the sale of consumer goods as well as the construction of a plant for processing goat's wool and knitted products were discussed with Qinghai Cashmere Industrial Group Co. Ltd.

Other promising areas to establish partnerships in the fields of advanced technologies, industry, and electronics were discussed with the China Precision Machinery Import-Export Corporation (CPMIEC), China North Industries Corporation (NORINCO), and CETC International Ltd.

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