Daewoo Engineering & Construction opened a branch in Ashgabat
11:28 06.11.2023 10293
The Korean company Daewoo Engineering & Construction, a long-time partner of Turkmenistan, opened a branch in Ashgabat, the capital of Turkmenistan, on October 31. It will become a forward base for expanding activities in Central Asia, the company's press service reports.
The event was attended by representatives of the Korean Ministry of Foreign Affairs, including Chairman of Daewoo Engineering & Construction Jong Won-Joo, Foreign Minister Park Jin, Ambassador to Turkmenistan Ji Gyu Taek and Director of European Affairs Choi Tae-ho. The Turkmen side was represented by Vice-Chairman for Energy, Industry and Construction Baymyrat Annamammedov.
At the opening ceremony of the branch, Chairman Jong Won-Joo said, “I would like to express my sincere gratitude to the governments of Turkmenistan and Korea, as well as officials, for their active support in establishing the Daewoo E&C branch as more than a private company. This is a bridge between Korea and Turkmenistan”.
The Korean company Daewoo E&C signed a Memorandum of Understanding with the State Concern “Turkmenchemistry” in November last year and joint projects are being implemented on the basis of this document. The first project is the construction of an ammonium-urea plant in the Balkan velayat. The second project is a phosphate fertilizer plant with a capacity of 300,000 tons per year. Projects are financed with funds raised from credit agencies in Korea and Europe.
According to the company, Daewoo E&C is also expected to participate in the second stage of the project to build the smart city Arkadag.
The results of the work of the oil and gas complex of Turkmenistan for five months were summed up at the industry meeting
On Monday, June 12, a reporting meeting was held in the Central building of the oil and gas complex of Turkmenistan, at which the results of the work of enterprises in the industry for five months of this year, held under the motto “The Year of Happy Youth with Arkadag Serdarly”, were discussed.
Gurbanguly Berdimuhamedov held a meeting on expanding Turkmen gas export routes
The issues of expanding export routes for the supply of Turkmen natural gas were discussed at a meeting held on Tuesday by President Gurbanguly Berdimuhamedov with the participation of Vice-Chairmen of the Cabinet of Ministers for the fuel and energy complex, economy and foreign policy, the State News Agency of Turkmenistan reports.
Preparations for the implementation of energy projects discussed at talks in Islamabad
The issues of practical implementation of the projects of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline and the Turkmenistan-Afghanistan-Pakistan (TAP) power transmission lines were discussed in Islamabad by the delegation of Turkmenistan, which, on behalf of President Gurbanguly Berdimuhamedov, is on a working visit to Pakistan on January 31 – February 4, informs the website of the Foreign Ministry of Turkmenistan.
State Concern «Turkmengas» to Sign Contract with Turkish Company for Construction of Shatlyk-1 Gas Compressor Station
Turkmenistan President Serdar Berdimuhamedov signed a decree authorizing State Concern «Turkmengas» to sign a contract with Çalik Enerji Sanayi ve Ticaret A.Ş. (Turkey) for the design, construction and equipping of the Shatlyk-1 gas compressor station in the country's Mary region.
Petrochemical products were in high demand at the auction
57 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.