Daewoo E&C strengthens strategic ties with Turkmenistan
15:26 02.07.2025 3619
Daewoo E&C Chairman Jeong Won-ju visited Turkmenistan from June 26 to 30 to discuss new business opportunities and strengthen the company's presence in the Central Asian market, the company said in a statement on July 1.
During his visit, Jeong Won-ju met with Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov and President Serdar Berdimuhamedov in Ashgabat. He expressed appreciation for Daewoo E&C's participation in the Turkmenabat Fertilizer Plant project and reaffirmed the company's commitment to its successful completion.
Jeong Won-ju also discussed potential participation in upcoming gas field and petrochemical plant development projects, opportunities for cooperation in the railway sector, subway construction and high-rise buildings.
In addition, the Chairman of the Board of Daewoo E&C met with Vice-Chairman for Construction, Energy and Industry Baymyrat Annamammedov to express gratitude to Turkmenistan for Daewoo E&C's offer to participate in new petrochemical plant projects. He expressed the company's interest in assisting a number of infrastructure initiatives that support Turkmenistan's economic growth.
Next, Jeong Won-ju met with Vice-Chairman for Oil and Gas Issues Batyr Amanov and Chairman of the State Concern "Turkmengas" Maksat Babayev to discuss Daewoo E&C's participation in new projects in the oil and gas industry.
The visit's program also included meetings with Vice-Chairman for Finance and Economy Hojamurat Geldimyradov and South Korean Ambassador to Turkmenistan Ji Kyu Taek, which were dedicated to diversifying the entry of Korean businesses into the Turkmen market. A Daewoo E&C representative said that Turkmenistan is a strategic market for the company, which plans to expand its business portfolio and accelerate localization. Daewoo E&C aims to strengthen its position in the region through continuous interaction with management and network building, the company said.
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.
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.
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.
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.
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.