Atwo-day international investment forum is opening today in Ashkhabad, organized by the Turkmen Chamber of Trade and Industry and the British company IC ENERGY Limited.
The President of Turkmenistan, Gurbanguly Berdimukhamedov, said in a speech that the main goal of the forum is to invite investment into the oil and gas and textile industries, construction and the construction materials industry, construction of tourism facilities, roads and airports, agriculture, healthcare and the medical industry.
Approximately 300 delegates are attending the forum from 40 countries, representing international and regional organizations, international financial structures and the world’s largest companies. They include the UN, the European Bank for Reconstruction and Development, the International Financial Corporation, the Eurasian Economic Society, the Japanese Bank for International Cooperation, Deutschebank and others. Companies from the USA, France, Germany, Austria, the UK, Switzerland, Russia, Kazakhstan, Iran, Turkey, Saudi Arabia, UAE, India, Malaysia, China, Japan, Korea and others are taking part in the forum.
Berdimukhamedov said that Turkmenistan occupies a beneficial geographic position, at the crossroads of Eurasian routes, it has stability, a high rate of economic development, financial resources and protection of investments.
Turkmenistan has a law on foreign investment, which is the basis for foreign investors, providing benefits for foreign investment.
The forum will discuss partnership issues in realizing projects for the exploration and development of hydrocarbon sources in Turkmenistan’s sector of the Caspian Sea, the oil, gas and chemical sectors and construction of the transport infrastructure.