Turkmenistan attracted $11 billion in investments in 2024

18:00 19.03.2025 3448

https://oilgas.gov.tm/storage/posts/13525/original-167da6c9015fb1.jpg

Turkmenistan fulfilled the plan to attract foreign investment by 110% in 2024, having mastered $11 billion from all sources of financing. This was stated by Deputy Minister of Finance and Economy of Turkmenistan Perhat Yagshiyev at the International Forum “Investments in the Future of Turkmenistan” (IFT 2025), held on March 18 in Ashgabat.

According to the deputy minister, in 2024, Turkmenistan's economy demonstrated steady growth, with GDP growth of 6.3%. At the same time, the share of investments in the total economy reached 17.6%.

In 2025, the government of the country sets the task of increasing the volume of attracted investments to $11.5 billion. According to the data announced at the forum, most of the planned investments (65.6%) will be directed to production projects. At the same time, about 33% of all investments are planned to be developed through the private sector, and about 10% - through foreign investors.

Particular attention in the development strategy of Turkmenistan is paid to the private sector of the economy. It is expected that in 2025, the share of the non-state sector in the country's GDP (excluding the fuel and energy complex) will reach 71.6%.

To date, Turkmenistan has concluded 67 international agreements regulating investment activities, including 28 agreements on mutual promotion and protection of investments and 39 agreements on the avoidance of double taxation.

At the end of his speech, Yagshiyev invited the meeting participants to the Investment Forum of Turkmenistan, which is planned to be held in September this year in Ashgabat. Official invitations will be sent through diplomatic channels to all interested parties.

Other articles
162c2853b3e326.jpeg
Deposits of drinking water with an area of ​​130.8 square kilometers were discovered in Lebap region

Deposits of drinking water with a total area of ​​130.8 square kilometers were discovered as a result of work carried out by specialists of the State Corporation «Turkmengeology» in Lebap region. This was reported by Vice-Chairman of the Cabinet of Ministers Shahym Abdrakhmanov at a government meeting last Friday.


1676cf140e73e3.jpg
The President of Turkmenistan and the Governor of St. Petersburg discussed cooperation issues

On December 25, the President of Turkmenistan Serdar Berdimuhamedov and the Governor of St. Petersburg Alexander Beglov discussed economic and cultural cooperation between St. Petersburg and Turkmenistan during a brief conversation.


1676cf0ceb4525.jpg
President of Turkmenistan took part in informal CIS Heads of State Summit

President Serdar Berdimuhamedov left for a working visit to the Russian Federation on December 25 to take part in the informal CIS Heads of State Summit, traditionally held on the eve of the New Year, TDH reports.


167604fed38997.jpg
Presentation of Arkadag's book «Hakyda göwheri» was held at IOGU

A presentation ceremony of the new work of the National Leader of the Turkmen people, Chairman of the Halk Maslakhaty of Turkmenistan Gurbanguly Berdimuhamedov «Hakyda göwheri» was held at the International Oil and Gas University named after Yagshygeldi Kakayev.


162c286489c39b.jpeg
Diesel fuel and jet fuel sold to Afghanistan at the auction

38 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.