The OPEC Fund for International Development, a multilateral lender owned by OPEC member states, has directed more than $1.4 billion to development projects across Central Asia over the past 20 years, Kazakhstan’s first deputy minister of national economy, Azamat Amrin, told lawmakers this week. The figure emerged during parliamentary debate on ratification of a framework … [Read more...]
Trade, Tourism, Investment: Turkmenistan and Iran Discuss Diversifying Partnership
In recent days, key meetings at the diplomatic and regional levels have been held in Turkmenistan and Iran, aimed at deepening bilateral relations. The parties discussed expanding trade, economic, cultural, humanitarian, and tourism cooperation, including new initiatives to facilitate travel, investment, and joint projects along the Silk Road. On 5 November, Deputy Foreign … [Read more...]
CIET 2025 Concludes in Avaza: Innovation, Investment and Confidence in Turkmenistan’s Vision
Avaza, 5 November 2025.The International Conference and Exhibition “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan”– CIET 2025 has successfully concluded in the National Tourist Zone Avaza, affirming Turkmenistan’s growing role as a centre of industrial modernization, sustainable construction, and clean-energy innovation in Central … [Read more...]
Mitsubishi Heavy Industries strengthens its strategic partnership with Turkmenistan as Platinum Sponsor of CIET 2025
The Organising Committee of the International Conference & EXPO “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” 2025 is honoured to announce that Mitsubishi Heavy Industries, Ltd. will participate as a Platinum Sponsor of the upcoming forum, to be held on 3–4 November 2025 in the national tourist zone of Awaza. Founded on 7 July … [Read more...]
TOYO Engineering Strengthens Strategic Partnership with Turkmenistan as Gold Sponsor of CIET 2025
The Organising Committee of the International Conference & EXPO “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” 2025 is honoured to announce that TOYO Engineering Corporation will participate as a Gold Sponsor of the upcoming forum, to be held on 3–4 November 2025 in the national tourist zone of Awaza. Founded in 1961 in Japan, … [Read more...]
Dost Gurlushyk Sowda Önümçilik HJ, Rysgally Zahmet, Energy China, Ajayyp Gurlushyk, Gerchek Yashlar, and CAI Interbudmontazh — Bronze Sponsors of CIET 2025
The Organising Committee of the International Conference & EXPO “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” (CIET 2025) is proud to announce that Dost Gurluşyk Sowda Önümçilik HJ, Rysgally Zahmet, Energy China, Ajayyp Gurluşyk, Gerçek Yashlar, and CAI Interbudmontazh will participate as Bronze Sponsors of the forum, to be held … [Read more...]
Ak Bulut and Aýdyň Gijeler — Gold Sponsors of CIET 2025
The Organising Committee of the International Conference & EXPO “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” (CIET 2025) is proud to announce that Ak Bulut and Aýdyň Gijeler will join the forum as Gold Sponsors. The event will be held on 3–4 November 2025 in the Awaza National Tourist Zone. Ak Bulut is a leading Turkmen … [Read more...]
Fourth Session of CIET 2025: Implementing Innovations and Training Young Specialists for Turkmenistan’s Economic Sectors
The concluding fourth session of the International Conference and Exhibition CIET 2025 in Avaza focused on “The Importance of Integrating Modern Innovative Technologies in the Construction, Industrial, Chemical, and Energy Sectors, and Developing a Skilled Young Workforce.” Participants discussed strategic approaches to digitalization, “green” technologies, and integrating … [Read more...]
Third Session of CIET 2025: The Role of Public-Private Partnership in Developing Key Sectors of Turkmenistan
On 4 November 2025, in the National Tourist Zone “Avaza,” the third session of the International Conference and Exhibition CIET 2025 took place: “The Role of Public-Private Partnership in Advancing the Construction, Industrial, Chemical, Energy, and Road Infrastructure Sectors.” Participants discussed PPP mechanisms as a driver for attracting investment, import substitution, … [Read more...]
Second Session of CIET 2025: Innovation, Diversification, and Sustainable Partnership in Turkmenistan’s Construction and Industrial Sectors
The second day of the International Conference and Exhibition “Development of Construction, Industrial, Chemical, and Energy Sectors of Turkmenistan” (CIET 2025) continued discussions on key areas of the country’s economic development, focusing on innovation, partnership, and sustainable growth. Participants on the second day included representatives of government agencies, … [Read more...]
CIET 2025 Highlights Growing Italian Interest: SACMI Reaffirms Commitment to Turkmenistan’s Sustainable Industrial Development
On November 4, 2025, during the second day of the International Conference & EXPO “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” (CIET 2025), Miquel Pulpito, Chief Representative of SACMI Imola for the Russian Federation and Central Asia, delivered his presentation. The conference, held in Ashgabat, brought together … [Read more...]
CIET 2025: Turkmenistan Signs MoUs with Companies from UAE, China, Japan, and Germany in Energy, Chemical, and Construction Sectors
The first day of the International Conference "Development of the Construction, Industrial, Chemical, and Energy Sectors of Turkmenistan" (CIET 2025) in the Awaza National Tourist Zone was marked by the signing of a number of bilateral documents. The Ministry of Energy, the State Concern "Türkmenhimiýa," and the Ministry of Industry and Construction Production of … [Read more...]
CIET 2025 in Awaza Highlights Turkmenistan’s Industrial Transformation and Global Partnerships
Awaza, Turkmenistan | 3 November 2025 Turkmenistan opened the International Conference and Exhibition “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan”– CIET 2025 in the Caspian resort city of Awaza, welcoming over 1,080 delegates from 55 countries. Under the theme “Smart Construction. Clean Energy. Resilient Future.”, the event … [Read more...]
CIET 2025: GTG-1 – World’s First Commercial Gas-to-Gasoline Plant Strengthens Turkmenistan’s Chemical Industry
Tomohiro Takashina, Director of the Turkmenistan Representative Office of Kawasaki Heavy Industries, Ltd., highlighted the company’s 20-year partnership with Turkmenistan at the International Conference “Development of Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” (CIET 2025), focusing on the flagship GTG-1 gas-to-gasoline plant. The facility has become … [Read more...]
CIET 2025: Blue Ammonia and Gas Chemistry – Promising Directions for Turkmenistan’s Chemical Industry Development
At the International Conference “Development of Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” (CIET-2025) in Awaza, new directions for the country’s chemical industry were outlined. The corresponding report was presented by Tanryguly Ataev, Acting Chairman of the State Concern “Turkmenkhimiya”. Turkmenistan possesses significant natural gas reserves … [Read more...]
Plenary Session: Strategic Development Of Turkmenistan’s Construction, Industrial, Chemical And Energy Sectors
On November 3, 2025, the International Conference & EXPO “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” officially opened at the National Tourist Zone “Avaza”. The event is organized by the State Concern “Turkmenhimiya”, the Ministry of Industry and Construction Production of Turkmenistan, the Ministry of Energy of … [Read more...]
Press Release: Opening of the International Exhibition and Conference CIET 2025
Awaza, Turkmenistan — November 3, 2025 The International Conference & EXPO “Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan”— CIET 2025 exhibition and conference officially opened today at the Sports Complex of the National Tourist Zone “Awaza.” The event brings together representatives of government bodies, international … [Read more...]
CIET 2025: Turkmenistan Has Potential for Mining Technologies, says Energy Minister
Turkmenistan, thanks to its robust energy infrastructure, has the potential to implement mining technologies. This was highlighted by Turkmenistan’s Minister of Energy Annageldi Saparov during his speech at the International Conference CIET 2025 (3–4 November, Awaza National Tourist Zone). Mining as a New Vector for the Digital Economy In the context of digital economy … [Read more...]
CIET 2025: China Energy Engineering Corporation (CEEC) Ready to Support Turkmenistan’s Transition to Green Energy
China Energy Engineering Corporation (CEEC) is willing to fully leverage its integrated advantages across all fields and elements to contribute its wisdom and solutions to the low-carbon and green energy cooperation and development between China and Turkmenistaт, stated CEEC Vice President Xue Danfeng during his speech at the International Conference on the Development of … [Read more...]
CIET 2025: Turkmenistan Takes the Lead – Kiyanly Carbamide Plant to Host Central Asia’s First Commercial CO₂ Capture Facility
The construction of a new urea fertilizer complex in Kiyanly, Turkmenistan, is set to establish a regional landmark in the effort to mitigate climate change. According to Eisaku ITO, President and CEO of Mitsubishi Heavy Industries, Ltd. (MHI), the Kiyanly plant will feature the first commercial operating CO₂ capture facility in Central Asia, positioning Turkmenistan as a … [Read more...]
CIET 2025: “Interbudmontazh” Strengthens Turkmenistan’s Water Infrastructure – From the Karakum Canal to Microtunneling
At the International Conference “Development of Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” (CIET 2025) in Avaza, Managing Director of ‘Interbudmontazh’ Vladimir Petruk presented a portfolio of water management projects being implemented by the Ukrainian contractor in Turkmenistan. The key focus is on upgrading water supply and wastewater … [Read more...]
CIET 2025: Partnership for Growth – Contribution of the Turkish holding company “Rönesans” to the industrialization of Turkmenistan
The chairman of the Turkish company Rönesans Holding, Erman Ilicak, highly appreciated the pace of development of Turkmenistan, calling it a "regional success story." Speaking at the International Conference "Development of the Construction, Industrial, Chemical and Energy Sectors of Turkmenistan" (CIET 2025), he stressed that the country's successes are the result of a … [Read more...]
CIET 2025: Turkmenistan Strengthens Industrial and Energy Potential – Key Achievements and Plans for 2025
The two-day International Conference “Development of Construction, Industrial, Chemical and Energy Sectors of Turkmenistan” (CIET 2025) has kicked off in the Awaza National Tourist Zone on the Turkmen coast of the Caspian Sea. Deputy Chairman of the Cabinet of Ministers of Turkmenistan B. Annamammedov, speaking at the conference’s plenary session, highlighted the priority … [Read more...]
Mini and Micro Investments and Other Instruments for Self-Reliance
Tariq Saeedi In the quest for economic advancement, developing countries often turn to foreign investments that must eventually be repaid, like loans for critical infrastructure and growth initiatives. These inflows can spark progress, but they frequently come with terms that subtly influence national policies, potentially eroding economic autonomy and the freedom to … [Read more...]
TIF 2025 First Day Concludes with Signing of Key International Agreements
AWAZA, Turkmenistan – September 18, 2025 – The successful first day of the Turkmenistan Investment Forum (TIF 2025) concluded this evening, culminating in a formal "Ceremony of signing bilateral documents" that translated high-level discussions into concrete investment agreements. The ceremony marked a significant outcome for the forum, demonstrating tangible progress in … [Read more...]
Daewoo E&C Showcases Expertise and Financial Support at Turkmenistan Investment Forum 2025
Awaza, 18 September 2025 – At the Turkmenistan Investment Forum (TIF) 2025, held in the scenic National Tourist Zone "Awaza," Mr. MIN Man-Jun, General Director of the Branch Office of Daewoo E&C, delivered a compelling presentation highlighting the South Korean company's storied legacy in engineering, procurement, and construction (EPC), along with its strategic vision for … [Read more...]
TIF 2025: Dragon Oil – A Legacy of Excellence in Turkmenistan’s Energy Sector
Dragon Oil, an independent upstream oil and gas company, has established itself as a cornerstone of energy exploration, development, and production across the Middle East, Caspian, and North Africa. With a proud legacy in Turkmenistan, the company has built strong relationships and delivered sustainable, integrated energy solutions for over two decades. Saeed Salem Al … [Read more...]
Energy, Industry, and Transport Sectors Dominate Discussions on First Day of TIF 2025
AWAZA, Turkmenistan – September 18, 2025 – The first day of the Turkmenistan Investment Forum (TIF 2025) is featuring robust discussions on the nation's core economic sectors, with international experts and Turkmen officials exploring opportunities in energy, construction, and logistics. The day's agenda included dedicated sessions on critical areas for investment. "Session … [Read more...]
Turkmenistan Investment Forum Opens, Highlighting Strategic Economic Vision
AWAZA, Turkmenistan – September 18, 2025 – The Turkmenistan Investment Forum (TIF 2025) officially opened today in the National tourist zone "Awaza," welcoming over 800 international and local delegates to explore the country's investment landscape. The forum began with a high-level plenary session titled "Investment Attractiveness of Turkmenistan as a Factor of Strategic … [Read more...]
TIF 2025: Turkmenistan Modernizes Road Infrastructure to Become a Key Eurasian Transit Hub
Elvira Kadyrova and Ravilya Kadyrova Awaza, September 18 – At the Turkmenistan Investment Forum (TIF 2025), held in Awaza, Dovran Ataev, Deputy Chairman of the State Agency for the Management of Highway Construction, spoke about the large-scale modernization of the country's road infrastructure. According to him, Turkmenistan is actively working to bring its … [Read more...]
Turkmenistan Investment Forum Highlights Opportunities for Landlocked Developing Countries
Elvira Kadyrova Awaza, Turkmenistan – 18 September 2025 – The Turkmenistan Investment Forum, a pivotal gathering aimed at fostering country's economic growth featured a compelling pre-recorded address by Ms. Rabab Fatima, Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries, and Small Island Developing … [Read more...]
Investment Forum TIF 2025: Turkmenistan – A Reliable Partner in the Oil and Gas Sector
Elvira Kadyrova Awaza, 18 September 2025 – The prospects for the development of Turkmenistan’s oil and gas sector were presented by State Minister and Chairman of the State Concern “Turkmengaz” Maksat Babaev at the Turkmenistan Investment Forum TIF 2025 in the Awaza National Tourism Zone. He highlighted the country’s investment attractiveness and its status as a reliable … [Read more...]
Turkmenistan Attracts Investment and Strengthens Economy: GDP Exceeds $68.7 Billion in 2024
Elvira Kadyrova AWAZA, 18 September 2025 — At the Turkmenistan Investment Forum TIF 2025 in the Awaza National Tourism Zone, Minister of Finance and Economy Mammetguly Astangulov presented key achievements and prospects for the country’s economic development. In his speech, he highlighted successes in implementing an industrial-innovative economic model focused on … [Read more...]
TIF-2025: Where Vision Meets Investment in a Connected World
Tariq Saeedi in Karachi, Elvira Kadyrova and Raviliya Kadyrova at Awaza As we stand here at the pristine shores of Awaza, watching the Caspian Sea stretch toward the horizon, it's impossible not to feel that something significant is unfolding. The Turkmenistan Investment Forum 2025, taking place on September 18-19, isn't just another business gathering where suits … [Read more...]
President of Turkmenistan Congratulates Participants of the TIF 2025 Investment Forum in Awaza
President of Turkmenistan Serdar Berdimuhamedov addressed a congratulatory message to the participants of the Turkmenistan Investment Forum (TIF 2025), which opened in the National Tourist Zone “Awaza” on the eve of the 34th anniversary of the country’s independence. In his address, the head of state emphasized that the forum plays a pivotal role in enhancing Turkmenistan’s … [Read more...]
EDB and India Exim Bank Analyze Trade and Investment Relations Between India and Central Asia
Mutual trade between India and Central Asian countries has grown from $500 million in 2010 to $1.7 billion, following an upward trajectory. This is highlighted in an analytical report titled “Exploring Trade and Investment Relations between India and Central Asia: Unlocking Economic Benefits.” The report was jointly prepared by the Eurasian Development Bank (EABR) and the … [Read more...]
What makes Uzbekistan attractive to foreign investors?
Mels Ochilov, Chief Specialist at the Ministry of Investments, Industry and Trade of Uzbekistan Located in the very heart of Central Asia, Uzbekistan is becoming an increasingly appealing destination for international investors. Over the past seven years, the country has attracted 120 billion US dollars in investments and established over 6,000 enterprises. In particular, … [Read more...]
Meeting of the Ambassador of Turkmenistan with the Vice-President of the Romanian Agency for Investments and Foreign Trade
On July 17, 2025, a working meeting took place between the Extraordinary and Plenipotentiary Ambassador of Turkmenistan to Romania, Annamammet Annaev, and the Vice President of the Romanian Agency for Investments and Foreign Trade, Mr. Doru-Claudian Frunzulică. The main topic of discussion was the organization of the 8th session of the Joint Turkmen-Romanian … [Read more...]
Petronas PSA in Turkmenistan transformed, expanded – XRG joins as investment partner – Gas sales agreement signed with Turkmengaz
nCa Report and Commentary The Malaysian multinational Petronas has been developing the block 1 of the Caspian sector of Turkmenistan under a production sharing agreement (PSA) since 1996. The arrangement underwent major transformation and expansion, both in scale and scope, on 14 May 2025. High power delegations of Abu Dhabi and Petronas were in Ashgabat on 14 May 2025 to … [Read more...]
Central Asia: The New Frontier for Global Manufacturing
nCa Report In the evolving landscape of global manufacturing, Central Asia—comprising Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan—is emerging as a compelling destination for companies seeking to relocate their operations. This region, often overshadowed by established hubs like China or Southeast Asia, offers a unique blend of advantages: a highly … [Read more...]
Speech of National Leader of Turkmenistan at Turkmen-French Economic Forum
The National Leader of Turkmenistan, Arkadag Berdimuhamedov visited France on 5 May 2025. Among other engagements, he also addressed the Turkmen-French Economic Forum. Here is the unofficial, slightly paraphrased translation of his speech: Dear forum participants! Ladies and gentlemen! I am very pleased with today's meeting. The presentation will consist of three … [Read more...]
Kazakhstan Introduces New Investor Visa
The Republic of Kazakhstan is taking another step toward fostering international business. At the initiative of the Ministry of Foreign Affairs of Kazakhstan new regulations have been approved for obtaining an investor visa, aimed at enhancing the country’s investment appeal and supporting long-term business partnerships. Under the new framework, foreign nationals who invest … [Read more...]
TEIF 2025 International Forum: How Turkmenistan Opens New Horizons For Global Investments
On April 23-24, 2025, the International Forum on Attracting Foreign Investment in the Economy of Turkmenistan (TEIF 2025) was held in the heart of Kuala Lumpur, in the newest KLCC complex. More than 470 delegates from 42 countries gathered to witness a new stage in the investment policy of Turkmenistan, a state with a stable, prosperous and dynamic economy. From the very … [Read more...]
TEIF 2025: Turkmenistan’s Bank for Foreign Economic Affairs underscores Strong Economic Indicators and highlights numerous investment projects
At the International Forum on Attracting Foreign Investments in Turkmenistan’s Economy (TEIF 2025) in Kuala Lumpur, Rakhimberdy Jepbarov, Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan, presented the country’s strong economic performance and strategic investment opportunities. Jepbarov reported that Turkmenistan’s foreign trade turnover … [Read more...]
TEIF 2025: Strategic Investments in Turkmenistan by the Islamic Development Bank
At TEIF 2025 in Kuala Lumpur, Alibek Kazangapov, Project Management Specialist at the Islamic Development Bank (IsDB) Regional Hub in Almaty, Kazakhstan, highlighted the IsDB’s strategic investments in Turkmenistan, underscoring the bank’s commitment to fostering socio-economic development in the region. Since 1994, the IsDB has approved over US$ 1.4 billion for 33 projects … [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...]
Investment potential of Turkmenistan presented at a meeting with the business community of the Republic of Türkiye
On April 19, 2025, in the building of the Union of Chambers of Commerce and Industry and Exchanges of Afyonkarahisar, the Embassy of Turkmenistan in Türkiye organized a business forum on the topic "Turkmenistan and Türkiye: modern directions of economic cooperation". The event brought together more than 100 heads of Turkish companies and non-governmental structures. The … [Read more...]
TEIF 2025 will open up new horizons for energy, investment and technological cooperation
Kuala Lumpur, April 2025. Turkmenistan is entering a new level of economic diplomacy. TEIF 2025, which will be held on April 23-24 at the state-of-the-art Kuala Lumpur Convention Center (KLCC), promises to be the key event of the year in the fields of energy, sustainable development and international cooperation. However, as is typical for international forums, key processes … [Read more...]
Turkmenistan and Japan seal the economic partnership with 15 documents – Japanese investments in the economy of Turkmenistan exceeds US $ 11 billion
On April 15, the final day of his official visit to Japan, President Serdar Berdimuhamedov held high-level meetings with Emperor Naruhito, Prime Minister Shigeru Ishiba, and prominent representatives of Japan’s business, scientific, and academic communities. During discussions with the Japanese business community and on the sidelines of the visit, 15 cooperation documents … [Read more...]
Heads of Leading International Energy Organisations to address at TEIF 2025 in Kuala Lumpur
The International Forum on Attracting Foreign Investments into Turkmenistan’s Economy (TEIF 2025) is set to become one of the most significant events of the International Year of Peace and Trust in the fields of energy and sustainable development. What truly sets the upcoming forum apart is its remarkable line-up of participants – including the heads of some of the world’s most … [Read more...]