In recent years, Turkmenistan has attracted about $ 15 billion of foreign investment

15:23 09.09.2021 17272

https://oilgas.gov.tm/storage/posts/2891/original-16139b5e268b08.jpeg

 In recent years, in cooperation with foreign organizations, about 15 billion US dollars of foreign investment has been attracted to the economy of Turkmenistan.  Chairman of the State Bank for Foreign Economic Affairs Rakhimberdy Dzhepbarov spoke about this in an interview with the official Turkmen press.

 He noted that 52% of foreign investments were directed to the development of the oil and gas sector of Turkmenistan, 18% - the chemical industry, 10% - transport and communication infrastructure, 11% - agriculture, 9% - energy.

The main part of all foreign investments – 47.4% - is in Japan, 19% - in the Republic of Korea, 11% - in Saudi Arabia, 6.3% - in Germany, 5% - in the USA, and the remaining 11.3% - in investments  attracted from other states.

 Since more than 80% of foreign capital was directed to the development of industry in the country, this contributed to the accelerated diversification of the national economy, the realization of the country's enormous resource potential and the creation of thousands of new jobs.

 Dzhepbarov also noted that today the size of Turkmenistan's external financial obligations is equal to 11% of GDP, which corresponds to the normal ratio in international practice.

Other articles
166c04d5a657e7.jpg
Azerbaijani company plans to supply trucks to Turkmenistan

Az-Tex-Import LLC plans to export Iveco trucks of Azerbaijani manufacture to Russia, Georgia, Iran and Turkmenistan. This was stated by Samir Ibadullayev, a resident of the Sumgait Chemical Industrial Park and the founder of the enterprise, MIC informs with reference to Report.


168835cfa48bdc.jpg
Oil production increased at Goturdepe field using gas lift method

Oil workers of Turkmenistan are facing important tasks, the implementation of which is aimed at reaching new milestones. Employees of Goturdepe department of the State Concern “Turkmennebit” work effectively and achieve high results.


164c24b09ba532.jpg
The Foreign Ministers of Turkmenistan, Tajikistan and Uzbekistan discussed the agenda of the upcoming summit of the heads of state of the three countries

The preparation and holding of the Summit of the Presidents of Turkmenistan, Tajikistan and Uzbekistan in Ashgabat in August this year were discussed on Wednesday at a meeting of the Ministers of Foreign Affairs of the participating countries: Rashid Meredov, Sirojiddin Mukhriddin and Bakhtiyor Saidov. This was reported by the Ministry of Foreign Affairs of Turkmenistan.


1632d4ee0d7b62.jpeg
Turkey to start using its own natural gas in 2023

From March 2023, Turkey plans to start using its own natural gas. This was stated by the Minister of Energy and Natural Resources of Turkey Fatih Donmez, Trend reports.


16195ef681102c.jpeg
The Consul General of Turkmenistan visited the facilities of the TATNEFT company in Tatarstan

The Consul General of Turkmenistan in the Russian Federation (Kazan) Atadurdy Bayramov paid a working visit to the facilities of TATNEFT, the website of TATNEFT reports.