At the international conference “Construction, Industry, Energy of Turkmenistan” (CIET 2024), Min Manjun, general director of branch in Turkmenistan, Daewoo Engineering & Construction Co., Ltd shared details about the company’s new large-scale project in the country. Last month, Daewoo won the tender for the construction of a plant for the production of mineral fertilizers in […]
President Serdar Berdimuhamedov met with German businessmen – The promising areas of the Turkmen-German partnership outlined
On 17 September 2024, in Astana, President of Turkmenistan Serdar Berdimuhamedov met with representatives of German business circles. During the meeting, the head of state announced several projects in which Turkmenistan is seeking proposals from German partners. Transport In the transportation and communications sectors, Turkmenistan is open to exploring the use of its Caspian Sea […]
Daewoo E&C Aims to Expand Presence in Turkmenistan’s Growing Economy
On 5 September 2024, a high-level Turkmen delegation led by Deryageldi Orazov, Chairman of the Arkadag City Construction Committee, met with Daewoo E&C CEO Baek Jung-wan in Seoul. The delegation included Rahimberdi Jepbarov, Chairman of the Foreign Economic Bank, and Begench Durdiyev, Turkmenistan Ambassador to South Korea, according to Korean news outlets’ reports. During the […]
Turkmenistan Open to Daewoo’s Chemical Industry Proposals
Turkmenistan is ready to consider specific proposals from S.Korean partners for the development of the chemical industry. This was stated by President of Turkmenistan Serdar Berdimuhamedov during a meeting on Thursday, 27 Jun 2024, with the head of Daewoo Engineering & Construction Co., Ltd., Baek Jung-wan. Korean companies make a great contribution to the development […]
CIS Strengthens Cooperation in Energy, Chemical Industry, and Environmental Protection
The Commonwealth of Independent States (CIS) member countries have agreed to enhance cooperation in energy, chemical industries, and environmental protection. This decision comes after a meeting of the CIS Council of Heads of Government in Ashgabat, where relevant concepts and action plans were approved. These documents were developed taking into account the need to reach […]
TEIF 2024: Azerbaijani Businesses Eye Investment Opportunities in Turkmenistan
Rifat Sultan-zadeh, Vice Chairman of the Caspian Logistics Solutions (CLS) holding company, expressed keen interest from Azerbaijani private companies in investing in Turkmenistan. During his presentation titled “The future of the Caspian-Black Sea region depends on investments in Turkmenistan” at the sidelines of the International Forum on Attracting Foreign Investment in the country’s Energy Sector […]