The World Bank is ready to cooperate with Turkmenistan in projects in the field of energy, transport and other areas

The World Bank is ready to consider proposals from Turkmenistan for the development of cooperation in the implementation of projects in the fields of energy, transport, health care and education. This was stated by representatives of the World Bank at a meeting at the Ministry of Foreign Affairs of Turkmenistan. Among the guests were World Bank Regional Director for Central Asia Lilia Burunchuk and World Bank Governor for Turkmenistan Jan Peter Olters, who arrived in Ashgabat on a working visit, the website of the Foreign Ministry of Turkmenistan reports.

The guests noted the great potential for developing cooperation between Turkmenistan and the World Bank. The parties discussed in detail the current cooperation, in particular, the World Bank’s assistance to the activities of the International Fund for the Aral Sea Saving, in which Turkmenistan also presides in 2019. Representatives of the bank noted interest in developing cooperation at the regional level and praised Turkmenistan’s assistance projects to neighboring Afghanistan.

During the meeting, the possibilities of cooperation diversification were discussed. Representatives of the World Bank proposed to expand partnership projects in the field of digital economy, logistics, energy, water and hydrometeorology.

For many years, a representative office of the World Bank has been operating in Turkmenistan, which has been implementing projects and technical assistance programs in the country.

At the current meeting, the World Bank’s expert skills were also offered to improve the banking system of Turkmenistan and achieve international financial standards in the country.

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