Elvira Kadyrova and Ravilya Kadyrova Awaza, 19 September 2025 – In 2024, the share of the private sector in Turkmenistan’s economy—excluding the fuel and energy complex—reached 72.8%, marking a 1.5 percentage point increase compared to 2023. This was announced by Perkhat Yagshiev, Deputy Minister of Finance and Economy of Turkmenistan, during the Turkmenistan Investment … [Read more...]
TIF 2025: On the Path to Green Energy – Turkmenistan to Convert Four Power Plants to Combined-Cycle Operation
Elvira Kadyrova Awaza, 19 September 2025 – Deputy Minister of Energy of Turkmenistan, Serdar Saparov, addressed a session at the "Investment Forum of Turkmenistan" titled "Digital and Green Transformations for Sustainable Development Interests," highlighting the sector's pivotal role in the country's sustainable growth. Dynamic Sector Growth: From Reliable Supply to … [Read more...]
TIF 2025: PETRONAS Marks 29 Years of Strategic Partnership in Turkmenistan
Awaza, Turkmenistan – 18 September 2025 – At the Turkmenistan Investment Forum (TIF) 2025, held in the National Tourist Zone "Awaza," Malaysian energy giant Petroliam Nasional Berhad (PETRONAS) showcased its enduring commitment to Turkmenistan's fuel and energy sector. Under the theme "Stable and Reliable Energy Resilience - Development of Priority Sectors in Turkmenistan’s … [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...]
EU-Turkmenistan Partnership: Summing up the achievements, we look to the future
On 24 January, the European Union Delegation to Turkmenistan and the Ministry of Foreign Affairs of Turkmenistan held a joint press conference to reflect on the their partnership in 2024 and to outline strategic priorities for the year ahead. The event brought together local and international media, representatives from Turkmen ministries and agencies, and coordinators of … [Read more...]
Kazakhstan and France expand cooperation in the field of critical resources and investments – $2.2 billion deals signed
President Kassym-Jomart Tokayev of Kazakhstan concluded a two-day state visit to France on 5 November 2024. The visit resulted in the signing of a comprehensive package of 36 documents, including 14 commercial agreements valued at $2.2 billion. The set of documents also includes 1 intergovernmental and 21 interdepartmental agreements. One of the landmark documents signed … [Read more...]
INTERVIEW: Central Asia to grow by diversifying, says EDB chairman
Central Asia’s economic story is one of impressive growth, but to sustain this trajectory and achieve sustainable, long-term development, the region must diversify beyond its raw material sectors. According to Nikolai Podguzov, chairman of the board of the Eurasian Development Bank (EDB), which has invested in a broad range of sectors in the region, while Central Asia has … [Read more...]
TIF 2024: Russia’s Underutilized Export Potential to Turkmenistan: A $200 Million Opportunity
According to Dmitry Volvach, Deputy Minister of Economic Development of the Russian Federation, Russia's unrealized export potential to Turkmenistan amounts to a significant $200 million. This announcement was made during the plenary session of the Turkmenistan Investment Forum (TIF 2024) in Ashgabat. The trade turnover between Turkmenistan and Russia for the first seven … [Read more...]
Putin’s visit to Tashkent – Uzbekistan and Russia to implement new cooperation projects worth $20 billion
On 27 May 2024 in Tashkent, President of Uzbekistan Shavkat Mirziyoyev and President of Russia Vladimir Putin chaired the first meeting of the Council of Regions of Uzbekistan and Russia. The forum became part of Putin's three-day state visit to Uzbekistan. "Currently, over 200 joint projects worth $4 billion are being implemented at the regional level. A new package of … [Read more...]
Новый Узбекистан станет еще более благоприятной страной для инвестиций
Выступление Президента Республики Узбекистан Шавката Мирзиёева на открытии второго Ташкентского международного инвестиционного форума Уважаемые участники форума! Дорогие гости, дамы и господа! Мне доставляет большое удовольствие приветствовать всех вас на втором Ташкентском международном инвестиционном форуме. Встречи с близкими друзьями и надежными партнерами … [Read more...]
Trade between China and Central Asia exceeded $70 billion and investments near $1 billion
By the end of 2022, China's foreign trade turnover with Central Asian countries reached US $70.2 billion, an increase of about 40% compared to 2021, or almost 100 times in the 30 years since the establishment of diplomatic relations. The volume of Chinese investments in the economies of Central Asian countries is estimated at US$ 970 million, according to the Chinese National … [Read more...]
Ashgabat to Host International Oil and Gas Investment Forum
On 12-13May, 2021, Ashgabat will host Oil & Gas of Turkmenistan (OGT) – 2021 International Investment Forum dedicated to the 30th anniversary of the Independence of Turkmenistan. The Forum is organized by the State Concerns "Turkmengaz" and "Turkmennebit", State Corporation “Turkmengeology” as well as the Ministry of Finance and Economy of Turkmenistan in … [Read more...]
Возможности инвестирования в Казахстан
Крупнейшая страна Центральной Азии – Казахстан – наращивает инвестиционный потенциал. В рейтинге «DoingBusiness» по критерию «инвестиционная привлекательность» страна занимает 36-е место (по 10 индикаторам) среди 190 стран. И сегодня республика предоставляет наибольший режим благоприятствования для инвесторов среди всех государств региона и СНГ. Казахстан с момента обретения … [Read more...]