Turkmenistan is ready to facilitate the expansion of direct contacts and exchanges between the business communities of Central Asian countries and the Republic of Korea, as well as the development of new joint projects. President of Turkmenistan Serdar Berdimuhamedov stated this while speaking at the first "Central Asia – Republic of Korea" Business Summit in Seoul on 16 … [Read more...]
Korea and Central Asia to Hold Summits Every Two Years: Seoul Declaration Adopted
The presidents of the Republic of Korea and the five Central Asian countries — Turkmenistan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan — adopted the Seoul Declaration, outlining long-term areas of cooperation and a new institutional framework for engagement between the sides. The document was adopted in Seoul on September 16 following the first Korea–Central Asia … [Read more...]
Trade, Critical Minerals and Infrastructure: Korea and Central Asian Countries Sign 19 MoUs at First Business Summit
Elvira Kadyrova South Korea and the five Central Asian countries have agreed to expand business cooperation in trade and investment, critical minerals, energy, infrastructure and logistics. The agreements were reached at the first Korea–Central Asia Business Summit, held in Seoul on 16 September 2026. According to the Korean Ministry of Trade, Industry and Resources, the … [Read more...]
Turkmenistan and South Korea Expand Economic Partnership: 17 Investment Projects Worth $12 Billion Underway, 14 New MOUs Signed
Turkmenistan is ready to create all necessary conditions and provide comprehensive support to the Korean business community in implementing promising joint projects across the country. Multi-billion-dollar initiatives involving Korean investment are already underway, with several more set to launch in the near future. This was highlighted in an address by President Serdar … [Read more...]
President of Turkmenistan Visits Seoul: High-Level Talks, Dozens of Signed Documents, Series of Meetings, and a New Academic Title
On September 15, high-level talks took place in Seoul between President of Turkmenistan Serdar Berdimuhamedov and President of the Republic of Korea Lee Jae Myung. The official program of the state visit covered key aspects of bilateral cooperation: the President of Turkmenistan held a series of meetings with the leadership of the Republic of Korea, the parties signed a … [Read more...]
South Korea and Turkmenistan Agree to Expand Economic Partnership, Sign Investment Protection Agreement and 13 Documents
Elvira Kadyrova South Korea and Turkmenistan signed an agreement on the promotion and protection of investments on Tuesday, 15 September 2026, aimed at providing additional safeguards for investors and expanding opportunities for Korean businesses in Turkmenistan. The agreement was signed in Seoul on the occasion of the first Korea-Central Asia Summit. South Korean … [Read more...]
South Korea and Central Asian States Vow to Strengthen Supply Chain Cooperation
South Korea and five Central Asian countries have agreed to strengthen cooperation on supply chains, including critical minerals, as they seek to respond to shifts in the global trading environment. A ministerial-level industrial meeting involving Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan was held in Seoul on Monday, bringing together … [Read more...]
Turkmenistan Opens Registration for CIET 2026 as Investment and Infrastructure Take Centre Stage
ASHGABAT — Turkmenistan has opened registration for CIET 2026, its international conference and exhibition bringing together the construction, industrial, chemical and energy sectors, as the country seeks to deepen engagement with international investors, technology companies and engineering groups. The event will take place in Ashgabat from 3–5 November 2026 and will … [Read more...]
Turkmenistan and Uzbekistan Deepen Industrial Cooperation: Ashgabat Hosts Turkmen-Uzbek Business Forum
Elvira Kadyrova On 26 July, the Chamber of Commerce and Industry of Turkmenistan opened its doors to the Turkmen-Uzbek Business Forum. Bringing together around 20 companies from each side, the event focuses on opening new prospects and identifying strategic growth points across the construction and industrial sectors. Setting a constructive tone for the meeting, welcoming … [Read more...]
Belarus, Uzbekistan Elevate Relations to Strategic Partnership: Outcomes of the Minsk Summit
On 9 July 2026, Minsk hosted a historic summit talks between the President Aleksandr Lukashenko of Belarus, and the President Shavkat Mirziyoyev of Uzbekistan. The centerpiece of the summit was the signing of the Declaration on Establishing Strategic Partnership Relations—a fundamental document that charts the course for long-term bilateral cooperation. The Declaration: Core … [Read more...]
President of Turkmenistan Discusses Large-Scale Industrial Projects with Foreign Partners
On Monday, 29 June 2026, President Serdar Berdimuhamedov held a series of meetings with heads of major foreign corporations from Japan, the Republic of Korea, and Türkiye, which are long-standing partners of Turkmenistan. The parties discussed the implementation of ongoing projects and prospects for expanding long-term cooperation in the industrial, energy, and construction … [Read more...]
nCa Special Report – Turkmenistan Iodine Industry Report
Just released – Turkmenistan Iodine Industry Report Turkmenistan stands at a strategic inflection point in the global iodine industry. The country currently produces approximately 500–525 metric tons of iodine annually — ranking it among the world's top producers — yet its participation in value chains remains almost entirely confined to the low-margin sale of … [Read more...]
Ashgabat Hosted the 25th “White City Ashgabat” International Exhibition
The Exhibition Center of the Chamber of Commerce and Industry hosted the milestone 25th "White City Ashgabat" International Universal Exhibition, dedicated to the 145th anniversary of the capital. This large-scale forum brought together representatives from 55 countries, with over 130 exhibitors spanning government agencies and private enterprises showcasing their … [Read more...]
Turkmenistan and Japan Strengthen Economic Ties with Major Bilateral Agreements
During Turkmenistan President Serdar Berdimuhamedov's working visit to Japan to attend the inaugural "Central Asia + Japan" summit, he held talks with executives from leading Japanese business circles. The meetings resulted in the signing of a substantial package of documents aimed at deepening cooperation in key sectors such as the economy, transport, digital technologies, … [Read more...]
Focus on Green Tech: Turkmenistan Proposes Water Treatment and Waste Management Projects to Japan
Turkmenistan is inviting Japanese businesses to partner on a series of major initiatives in water conservation, wastewater treatment, and waste management. President Serdar Berdimuhamedov detailed these proposals during a high-level meeting with executives from leading Japanese corporations on 19 December in Tokyo. The President called on Japanese firms to consider several … [Read more...]
Turkmenistan Demonstrates Strategic Vision at Big 5 Global 2025
The Turkmen delegation continued its active participation in the Big 5 Global 2025 international exhibition and conference in Dubai, an event uniting leading global specialists in construction, infrastructure, and urban development. On the second day of the programme, the Minister of Construction and Architecture of Turkmenistan, Abdullah Geldiyev, delivered a keynote address … [Read more...]
Turkmenistan Strengthens International Cooperation as National Delegation Begins Work at BIG 5 Global 2025
Turkmenistan continues to steadily expand its international cooperation through active participation in leading global forums across the construction, industrial, chemical, and energy sectors. This work is coordinated by the Turkmen Energy Forum, which supports collaboration between national institutions and international partners. In the final quarter of 2025, Turkmenistan … [Read more...]
10th Meeting of the Turkmenistan-Tatarstan Working Group Held in Ashgabat: New Areas for Cooperation Growth outlined
The 10th meeting of the Joint Turkmenistan-Tatarstan Working Group on Trade-Economic, Scientific-Technical, and Cultural Cooperation took place in Ashgabat on 20–21 November 2025. The delegation from the Republic of Tatarstan was led by Deputy Prime Minister and Minister of Industry and Trade Oleg Korobchenko. Opening the meeting, the co-chairs noted the high level of … [Read more...]
President of Turkmenistan Receives Head of «Çalik Holding»: Key Cooperation Projects Discussed
President of Turkmenistan Serdar Berdimuhamedov received Ahmet Çalık, Chairman of the Board of Directors of the «Çalik Holding» group of companies. During the meeting, Berdimuhamedov emphasized that the friendly and fraternal ties between Turkmenistan and the Republic of Türkiye have been steadily strengthening since the first years of independence. Cooperation is … [Read more...]
President of Turkmenistan Holds Meeting with Head of «Mitsubishi Heavy Industries, Ltd.» in Balkan province
On 2 November 2025, during a working trip to the Balkan province, President of Turkmenistan Serdar Berdimuhamedov received Eisaku Ito, the Chief Executive Officer of the Japanese company «Mitsubishi Heavy Industries, Ltd.». As is known, «Mitsubishi Heavy Industries, Ltd.», in consortium with the Turkish «Gap İnşaat», acts as the general contractor for the construction of a … [Read more...]
Turkmenistan Launches construction of Major Urea Production Complex in Balkan Region, Boosting Export and Industrial Growth
On 2 November 2025, in a significant step toward enhancing Turkmenistan's chemical industry and export capabilities, President Serdar Berdimuhamedov participated in the groundbreaking ceremony for a urea production complex in the Turkmenbashi district of the Balkan province. The event marks a key milestone in the country's ambitious plans to expand fertilizer production and … [Read more...]
Rönesans Holding — Gold Sponsor of the International Conference and Exhibition CIET 2025
3–4 November 2025 | National Tourist Zone “Awaza”, Turkmenistan Rönesans Holding, a Turkish multinational conglomerate founded in 1993, is a global leader in large-scale construction, real estate development, energy, healthcare projects, and industrial investments. Headquartered in Ankara, Türkiye, the company operates in more than 30 countries across Europe, … [Read more...]
CIET 2025: Green Energy and Sustainable Construction at the Center of International Dialogue in Awaza
On 3–4 November 2025, the National Tourist Zone Awaza will host the International Conference “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan – Smart Construction. Clean Energy. Resilient Future.” One of the main themes of the conference will be the advancement of green energy and sustainable construction, which hold strategic importance … [Read more...]
Daewoo Engineering & Construction – Gold Sponsor of CIET 2025
3–4 November 2025 | National Tourist Zone “Awaza,” Turkmenistan Daewoo Engineering & Construction Co., Ltd. (Daewoo E&C), established in 1973 and headquartered in Seoul, South Korea, is one of the world’s leading construction and engineering companies. With more than 50 years of experience, the company has implemented projects in over 30 countries, covering power … [Read more...]
CIET 2025: Unmatched Opportunity for Turkmen Entrepreneurs to Grow Their Business
Turkmenistan’s private sector is gaining fresh momentum as the country continues to modernize its industrial and energy landscape. The forthcoming International Conference & EXPO “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan”, to be held on 3–4 November 2025 in the Awaza National Tourist Zone, is set to become a landmark event for … [Read more...]
Green Methanol from Cotton Stalks – Turkmenistan and Daewoo Discuss Prospects for Further Partnership
On October 14, 2025, the National Leader of the Turkmen people, Chairman of the Halk Maslahaty, Gurbanguly Berdimuhamedov, held a meeting with Mr. Jung Won-ju, Chairman of the Board of the Korean company Daewoo Engineering & Construction Co., Ltd. During the meeting, Jung expressed gratitude for the opportunity to engage in dialogue and emphasized the steady development … [Read more...]
Vast Potential of Partnership between Turkmenistan and Malaysia
nCa Report The prospects for cooperation between Turkmenistan and Malaysia look promising, with a solid foundation in energy and growing opportunities in trade, education, tourism, and other sectors. Recent developments, such as the restructuring of the Petronas Production Sharing Agreement (PSA) in the Caspian Sea and a surge in bilateral trade, suggest potential for … [Read more...]
CIET 2025: International Conference in Awaza Sets New Horizons for Sustainable Development
On 3–4 November 2025, the International Conference: “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” will take place in the Awaza National Tourist Zone on the Caspian coast. This flagship event will gather over 500 delegates from 40 countries, including senior government officials, leaders of international construction and chemical … [Read more...]
Japanese and Turkish Companies to Build Major Carbamide Complex in Turkmenistan
The State Concern Türkmenhimiýa has been authorized to award a contract to Mitsubishi Heavy Industries, Ltd. (Japan) and Gap Inşaat Yatırım ve Dış Ticaret Anonim Şirketi (Türkiye) for the design and construction of a carbamide production complex in Balkan province. President Serdar Berdimuhamedov signed the corresponding decree. The facility will have an annual capacity of … [Read more...]
Baherden Ceramic Products Plant – Flagship of Turkmenistan’s Construction Industry
Eziz Doganlar H.J., a private economic society and a member of the Union of Industrialists and Entrepreneurs of Turkmenistan, will be a Gold Sponsor of the Turkmenistan Investment Forum (TIF 2025), which will take place on September 18–19, 2025, at the Conference Center of the Avaza Sports Complex, Avaza resort area, Caspian Sea coast (Turkmenbashi city). The Forum, organized … [Read more...]
New Glass Production Facility Launched in Turkmenistan
On 8 September 2025, a new glass production workshop was inaugurated at an industrial complex in the northern part of Ashgabat. President Serdar Berdimuhamedov led the opening ceremony. The new facility has a daily production capacity of 100 tons. The workshop belongs to the ‘Turkmen aýna öñümleri’ [Turkmen glass products] factory and was built by the private company … [Read more...]
Delegate registration for the CIET 2025 is open!
The international spotlight returns to Ashgabat this November for the eagerly anticipated «Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan» International conference (CIET 2025) —Turkmenistan’s flagship event for cross-sector innovation, investment, and cooperation. Building on a Strong Foundation The inaugural CIET 2024, held in … [Read more...]
Turkmenistan’s Economy Diversifies with Growth in Key Sectors
Turkmenistan’s economy continues to demonstrate steady growth and development across several key sectors, including construction, oil and gas, shipbuilding, and the food industry. Based on recent reports in Turkmen media, significant achievements in production capacity, export potential, and the adoption of modern technologies are contributing to the diversification of the … [Read more...]
Kazakhstani Business Delegation Visits Ashgabat: New Steps Toward Industrial Cooperation
A business delegation from the Republic of Kazakhstan, led by Deputy Chairman of the Committee for Industry of the Ministry of Industry and Construction of Kazakhstan, Mukhammed Andakov, visited Ashgabat. The delegation included representatives from around 20 Kazakhstani companies operating in key sectors such as mechanical engineering, automotive manufacturing, mining and … [Read more...]
Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. Awarded Long-term Service Contract for the Fertilizer Plant in Turkmenistan
Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP), a subsidiary of Mitsubishi Heavy Industries, Ltd., has signed a three-year service agreement with the State Concern "Turkmenhimiya" (TH), which operates Turkmenistan’s largest fertilizer production facility—the Garabogazkarbamid Fertilizer Plant. MHI-AP is an after-sales services hub for chemical plants delivered … [Read more...]
Uzbekistan Technological Metals Complex (TMK) strengthens international cooperation
TMK has carried out its first export of metallic rhenium based on a contract signed with the Estonian company “VLCor Baltic OU”. This marks the actual beginning of metallic rhenium exports from Uzbekistan. Rhenium is considered a globally recognized strategic metal used in advanced technologies, the aerospace industry, and the production of high-temperature … [Read more...]
President Serdar Berdimuhamedov Congratulates Participants of the International Forum to Attract Foreign Investment in Turkmenistan’s Economy (TEIF 2025)
President Serdar Berdimuhamedov extended his congratulations on the commencement of the International Forum to Attract Foreign Investment in Turkmenistan’s Economy (TEIF 2025), held in Kuala Lumpur, Malaysia. In his message, President Berdimuhamedov expressed sincere gratitude to the Government of Malaysia for its support in hosting the high-level event, emphasizing the … [Read more...]
Daewoo Engineering & Construction Signs Framework Agreement with Turkmenistan’s State Chemical Corporation for Mineral Fertilizer Plant Project
On 18 April, Daewoo Engineering & Construction announced the signing of a framework agreement with the State Chemical Corporation of Turkmenistan for a mineral fertilizer plant construction project in Turkmenabad. This agreement was signed during the visit of Baymyrat Annamammedov, Turkmenistan's Deputy Prime Minister for Construction and Industry, to South Korea. The … [Read more...]
Polymer Report – Part two
nCa-AI Collaborative Report In the first part of this report we focused on the polymers derived from the natural gas. We came to the conclusion that it is profitable to convert the natural gas into polymers rather than burning it as a fuel. We also noted the ecological concerns and the need to address them through better technology. In this part, we will briefly look at … [Read more...]
Turkmenistan will allocate significant funds for the modernization of the construction and industrial complex and the transport network
In accordance with the "Program of socio-economic development of Turkmenistan and investments in 2025", approved in February this year, the expected volume of investments in the construction and industrial complex will exceed 3.97 billion manats in 2025, says a commentary published by the State News Agency TDH. Currently, the construction and industrial complex is fully … [Read more...]
High-tech ceramic production plant opened in Turkmenistan
On Wednesday, 12 March 2025, the opening of the factory for the production of ceramic products "Bäherden" took place in the Baherden district of the Akhal province. The opening ceremony was led by President Serdar Berdimuhamedov. Eziz doganlar," a private company, served as the contractor for the project, commissioned by the Ministry of Industry and Construction Production … [Read more...]
Investment Prospects for Turkmenistan’s Economy to be Explored at TEIF 2025 in Kuala Lumpur
From 23 to 24 April in Kuala Lumpur, the International Forum TEIF 2025 is set to take place, marking one of the most significant events for attracting foreign investment into Turkmenistan. Organised by leading State Concerns “Turkmengas” and “Turkmennebit”, alongside the Chamber of Commerce and Industry of Turkmenistan and supported by Turkmen Energy Forum, this event … [Read more...]
TEIF 2025: A Plenary Session will Focus on Sustainability, Economic Growth, and Regional Cooperation
Turkmenistan Economic Investment Forum (TEIF 2025) in Kuala-Lumpur (23-24 Apr 2025) will open with a pivotal plenary session centred on economic growth and regional cooperation amidst global shifts. This high-profile session will feature Her Excellency Armida Salsiah Alisjahbana, Executive Secretary of the United Nations Economic and Social Commission for Asia and the … [Read more...]
Uzbekistan President’s Visit to Malaysia: Tashkent and Kuala Lumpur forge closer links, targeting strategic partnership
Malaysia and Uzbekistan have expressed their mutual desire to enhance their diplomatic relationship, with both nations agreeing to work toward establishing a strategic partnership in a joint statement released Wednesday (5 Feb) in Kuala Lumpur. President Shavkat Mirziyoyev of Uzbekistan, who paid his first visit (4-5 Feb) to Malaysia since assuming office in December 2016, … [Read more...]
TEIF 2025: Unveiling Investment Opportunities in Turkmenistan’s Energy and Industrial Sector
Preparations are well advanced for the International Forum to Attract Foreign Investments in Turkmenistan's Economy (TEIF 2025), which will be held in Kuala Lumpur, Malaysia, on April 23-24, 2025. With a distinguished lineup of speakers, engaging panel discussions, and high-level networking opportunities, the forum promises to be a key platform for fostering international … [Read more...]
Turkmenabat Chemical Plant increases production and expands product range
The S.A. Niyazov Turkmenabat Chemical plant is an important production facility that steadily increases production volumes and expands the range of products. Currently, the plant produces more than 30 types of products, including phosphoric fertilizers and sulfuric acid. It is the only enterprise in the country for the production of phosphorous fertilizers. Over the past year, … [Read more...]
Carbamide Production Surges in Turkmenistan
Turkmenistan's economic growth, driven by significant investments in its hydrocarbon sector, is yielding substantial benefits, including the production of vital mineral fertilizers and petrochemical products. The Garabogaz carbamide-ammonia plant (Garabogazkarbamid), located in the Balkan province in western Turkmenistan, reported a remarkable production output of … [Read more...]
A new enterprise in Turkmenabat produces glycyrrhizic acid from licorice
In October of this year, a new enterprise for the production of glycyrrhizic acid from licorice root (licorice) was opened in the industrial zone of the city of Turkmenabat. The enterprise is a part of the agro-industrial complex "Buýan" of the Ministry of Health and Medical Industry of Turkmenistan. The opening of the plant is an important step in the development of the … [Read more...]
The International Conference “Construction, Industry, Energy of Turkmenistan” CIET 2024 concludes with a magnificent award ceremony
The closing ceremony of CIET 2024 Turkmenistan marked a grand finale to the forum, celebrating remarkable contributions to the construction, industrial, and energy sectors of Turkmenistan. During the ceremony, four prestigious awards were presented: the Excellence in Energy Award, Excellence in Construction Award, Excellence in Innovation Award, and Excellence in Consulting … [Read more...]
CIET 2024: Innovations, technologies and human resources of Turkmenistan are the key topics of the fifth sessions of the forum
Today (5 November 2024) marked the final day of the International Conference "Construction, Industry and Energy of Turkmenistan" (CIET 2024) bringing together industry leaders, government officials, and academic experts to discuss the future of Turkmenistan’s construction, industrial, and energy sectors. The fifth session, led by Tanryguly Atayev, Deputy Chairman of SC … [Read more...]