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.
