Turkmenistan has surpassed its foreign investment target, achieving 110% of the planned amount and securing $11 billion in funding from all sources in 2024. This announcement was made by Deputy Minister of Finance and Economy, Perkhat Yagshiev, at the international forum “Investments in the Future of Turkmenistan” (IFT 2025), dedicated to enhancing private sector investment […]
IFT 2025: ADB Strengthens Commitment to Private Sector Development in Turkmenistan
At the International Forum on Attracting Investments in the Private Sector of Turkmenistan (IFT 2025), Artur Andrysyak, Country Director of the Asian Development Bank’s (ADB) Turkmenistan Resident Mission, reaffirmed ADB’s commitment to fostering private sector development in Turkmenistan. ADB has been a key development partner for Turkmenistan for the past 25 years. In August 2024, […]
Prospects of Turkmen-Kazakh cooperation presented at IFT 2025 in Ashgabat
The development of bilateral economic relations between Kazakhstan and Turkmenistan was discussed in detail at the International Forum on Attracting Investments in the Private Sector of Turkmenistan (IFT 2025). Aydar Kazybayev, a member of the public council of the National Welfare Fund of the Republic of Kazakhstan “Samruk-Kazyna” and co-chairman of the Turkmen-Kazakh Business Council, […]
Kazakhstan and the EU strengthen investment cooperation with new agreements
On 13 March in Astana, Kazakhstan’s Deputy Prime Minister and Minister of Foreign Affairs, Murat Nurtleu, held talks with European Commissioner for International Partnerships, Jozef Síkela, who is on a diplomatic tour of Central Asian countries. The discussions focused on the implementation of projects in key areas of bilateral and regional cooperation, including transport and […]
Uzbekistan and France Elevate Relations to Strategic Partnership Level
President Shavkat Mirziyoyev of Uzbekistan and President Emmanuel Macron of France adopted a joint declaration establishing a strategic partnership following high-level talks held at the Élysée Palace in Paris on 12 March 2025. This marks a significant milestone in bilateral relations between the two countries. Moreover, a key outcome of the summit meeting was the […]
IFT 2025: International Investment Forum to Attract Leading Companies
On March 18, 2025, Ashgabat will host the International Forum on Attracting Investments in the Private Sector “Investments in the Future of Turkmenistan” (IFT 2025). The event is already drawing significant interest from both foreign and local companies. The forum offers a unique platform to explore promising private business projects in Turkmenistan and engage with […]
TEIF 2025: Global Partnership, Investment, and Development
The International Forum to Attract Foreign Investments in Turkmenistan’s Economy (TEIF 2025), scheduled to take place on 23-24 April this year, is attracting growing attention from representatives and leaders of major international organisations and intergovernmental bodies. Among the confirmed speakers at the conference are Armida Salsiah Alisjahbana, Executive Secretary of the United Nations Economic and […]
The First International IFT 2025 Forum: Turkmenistan’s private sector in the spotlight
The first International Forum on Attracting Investments in the Private Sector “Investments in the Future of Turkmenistan” IFT 2025, which will be held on 18 March 2025, will be a landmark event for the private sector of Turkmenistan, bringing together leading experts, investors and business representatives. The Forum claims to become a professional platform for […]
The Business and Investment Conference brought together the Middle East, Central Asia and Azerbaijan
The Ministers of Economy, Trade and Investment of Arab countries, Central Asian states and Azerbaijan held the first business and investment conference on 26-27 February 2025 on the sidelines of the Investopia 2025 International Forum in Abu Dhabi under the motto “Towards sustainable cooperation and Partnership”. The Conference on Arab Business and Investment with the […]
TEIF 2025 in the Spotlight at the International Energy Forum in London
Representatives from Turkmen Energy Forum (TEF) recently participated in the “Platts London Energy Forum 2025” and “London Energy Week”, held in London from February 24th to 27th. The central theme of the “Platts London Energy Forum 2025”, organised by S&P Global Platts, was the ongoing analysis of energy markets and the integration of traditional energy […]
Düýe Guş Company is the Bronze Partner of the IFT 2025 Forum
Preparations for the International Forum on Attracting Investments in the Private Sector of Turkmenistan (IFT 2025), which will be held on 18 March 2025, are underway in Ashgabat. The event will explore reliable investment opportunities and the implementation of projects in the private sector, and present promising sectors of the economy for long-term investment. The […]
Eighth meeting of the intergovernmental commission of Türkiye and Turkmenistan in Ankara: new horizons of cooperation
On 25 February 2025, the eighth meeting of the Intergovernmental Commission on Economic Cooperation between Türkiye and Turkmenistan was held in Ankara, at the Presidential Complex, aimed at strengthening bilateral relations and expanding economic partnership. The meeting was chaired by Vice President of Türkiye Cevdet Yilmaz and Deputy Chairman of the Cabinet of Ministers of […]
Türkiye’s investments in the Eurasian region: significant growth and diversification
According to the latest Report of the Eurasian Development Bank “The EDB Monitoring of Mutual Investments (EDB MMI) on the Eurasian Continent”, the volume of Türkiye’s stock foreign direct investment in the countries of the Eurasian region reached $ 12.3 billion at the end of the first half of 2024. This represents a significant increase […]
IFT 2025: Drawing attention to the new horizons of Turkmenistan’s private sector
The International Forum on Attracting Investments in the private sector, ‘Investments in the Future of Turkmenistan’ (IFT 2025), is set to commence in Ashgabat on 18 March 2025, with less than a month until its start. IFT 2025 is a unique opportunity to establish business contacts, present projects and share experiences. The Forum will be […]
Investment Prospects for Turkmenistan’s Economy to be Explored at TEIF 2025 in Kuala Lumpur
From 23 to 24 April in Kuala Lumpur, the International Forum TEIF 2025 is set to take place, marking one of the most significant events for attracting foreign investment into Turkmenistan. Organised by leading State Concerns “Turkmengas” and “Turkmennebit”, alongside the Chamber of Commerce and Industry of Turkmenistan and supported by Turkmen Energy Forum, this […]
EDB: Central Asia accounts for 47% of total Chinese investments to Eurasian region
China is the largest exporter of investments in the Eurasian region. By mid-2024, China’s direct investment stock amounted to $58.6 billion, according to the Eurasian Development Bank’s study titled “Mutual Investments on the Eurasian Continent: New and Traditional Partners”. China’s investments are traditionally concentrated in the extractive industries ($36.2 billion). Over 18 months (2023 – […]
EDB: Turkmenistan is the largest recipient of FDI from the UAE
The UAE’s investment stock in the Eurasian region showed steady annual growth between 2016 and 1H 2024. It has increased by 71% since 2016, reaching $12.2 billion at the end of 1H 2024. Over the past year and a half, the growth has been 18.4%, according to the new study by the EDB (Eurasian Development Bank). […]
A series of negotiations on the future of Turkmen-Japanese relations took place in Tokyo.
On 17-19 February 2025, a Turkmen delegation headed by Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan Rahimberdi Jepbarov paid a working visit to Tokyo, Japan. Jepbarov met with the Special Adviser to the Prime Minister of Japan, Akihisa Nagashima. During the talks, topical issues of bilateral Turkmen-Japanese trade […]
The President of Turkmenistan approved the Program of socio-economic development of the country and investments for 2025 approved
During an expanded Cabinet of ministers’ meeting on Friday, 7 Feb 2025, the President of Turkmenistan approved the Program of socio-economic development and investments for 2025. The Program outlines the expected macroeconomic indicators this year, production plans for all sectors. According to the document, this year it is planned to: In 2025, investments in the […]
TEIF 2025: Unveiling Investment Opportunities in Turkmenistan’s Energy and Industrial Sector
Preparations are well advanced for the International Forum to Attract Foreign Investments in Turkmenistan’s Economy (TEIF 2025), which will be held in Kuala Lumpur, Malaysia, on April 23-24, 2025. With a distinguished lineup of speakers, engaging panel discussions, and high-level networking opportunities, the forum promises to be a key platform for fostering international investment and […]
Interview: Kyrgyz president expects Chinese modernization to bring new opportunities for Kyrgyzstan, Central Asia
Kyrgyz President Sadyr Japarov has said that Kyrgyzstan attaches great importance to the comprehensive strategic partnership for a new era with China, and the two countries have effectively enhanced mutual trust and benefits based on friendly relations and productive cooperation. At the invitation of Chinese President Xi Jinping, Japarov is to pay a state visit […]
Registration for the International Forum on Attracting Investments in the Private Sector “Investments in the Future of Turkmenistan” IFT 2025 is open now
On 18 March 2025, Turkmenistan will host the International Forum on Attracting Investments in the Private Sector “Investments in the Future of Turkmenistan” (IFT 2025), organized by the Union of Industrialists and Entrepreneurs of Turkmenistan and the Chamber of Commerce and Industry in cooperation with TMT Consulting Group. IFT 2025 is a key platform for […]
International Forum to Attract Foreign Investments in Turkmenistan’s Economy will take place in Kuala Lumpur, Malaysia, on 23–24 April 2025
The International Forum to Attract Foreign Investments in Turkmenistan’s Economy will take place in Kuala Lumpur, Malaysia, on 23–24 April 2025. This exclusive event will bring together international investors, government representatives, industry leaders, and experts to explore promising investment opportunities and discuss strategic development in key sectors of Turkmenistan’s economy. The Forum’s principal organizers are […]
Iranian President’s visit to Tajikistan: Economy, security and regional issues in focus
From 15 to 17 January, Iranian President Masoud Pezeshkian was on a state visit to Tajikistan. On January 16, Pezeshkian had summit talks with Tajik President Emomali Rahmon in Dushanbe, which resulted in the signing of 23 documents. The signed memoranda and programs cover a wide range of areas, including cooperation between the Ministries of […]
EBRD sets an investment record in Central Asia
Anton Usov The European Bank for Reconstruction and Development (EBRD) has set a new operational record in Central Asia by investing €2.26 billion through 121 projects in six regional economies last year – almost doubling its annual investment in Central Asia compared with 2023. It also mobilised €784 million from co-financiers, thus bringing more than […]
Investments in renewable energy sources and new credit lines: new prospects for Turkmenistan’s cooperation with the Saudi Fund for Development
A delegation of the Saudi Fund for Development headed by General Executive Director Sultan Abdulrahman Al-Marshad is on a visit to Ashgabat. On 7 January, Al-Marshad was received by President of Turkmenistan Serdar Berdimuhamedov. During the meeting, Al-Marshad noted that Saudi Arabia attaches great importance to diverse and mutually beneficial cooperation with Turkmenistan. President Serdar […]
Turkmenistan State Budget 2025: Stability, Growth, Social Focus
The state budget is an important tool for economic planning. On 30 November 2024, at the seventh session of the Mejlis of the seventh convocation, the Law of Turkmenistan “On the State Budget of Turkmenistan for 2025” was approved. During a round table held by the editorial board of the newspaper “Turkmenistan”, the chairmen of […]
Mutual investments of Türkiye and Turkmenistan exceeded US $ 200 million
The mutual investments between Turkmenistan and Türkiye exceeded US $ 200 million. This is reported in a press release from the Turkish Ministry of Trade on the meeting of Minister Ömer Bolat with President of Turkmenistan Serdar Berdimuhamedov. During the meeting, the parties discussed the current state and prospects for the development of trade and […]
International Islamic Trade Finance Corporation and ESCAP join forces in effort to grow export opportunities through Investment Promotion Agencies in Central Asia
The International Islamic Trade Finance Corporation (ITFC) and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) have embarked on the implementation of a strategic partnership for a project under the Trade Connect Central Asia+ (TCCA+) Program in the region: “Boosting Exports through Foreign Direct Investments (FDI)”. The project complements ITFC’s […]
The Leaders of Kazakhstan and Russia announced the deepening of strategic partnership in the new global order
The state visit of the President of Russia to Kazakhstan is taking place on 27-28 November 2024. On the first day of the visit, President of Kazakhstan Kassym-Jomart Tokayev and President Vladimir Putin held summit talks. Following the talks, a joint statement was signed on deepening strategic partnership in the context of a new global […]
The high-ranking delegation of the UAE met with the leadership of Turkmenistan – Energy and investment cooperation under the spotlight of the talks
On Monday, 25 November, Dr.Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of UAE and ADNOC Managing Director and Group CEO, and Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, have paid a working visit to Turkmenistan. They led a delegation that included representatives from various government and private sector entities […]
The President of Turkmenistan received a U.S. senator
President Serdar Berdimuhamedov met with US Senator Steve Daines from Montana, a member of the Senate Committee on Energy and Natural Resources. The meeting focused on exploring avenues for expanding bilateral relations. Both sides emphasized the importance of developing mutually beneficial cooperation between Turkmenistan and the US. The American side underscored the US’s commitment to […]
Kazakhstan and Hungary strengthen strategic partnership: President Tokayev visited Budapest
President of Kazakhstan Kassym-Jomart Tokayev paid a state visit to Hungary, the purpose of which was to give a new impetus to the multifaceted cooperation between the two countries. The visit, which marked the 30th anniversary of the establishment of diplomatic relations and the 10th anniversary of strategic partnership, confirmed the desire of the two […]
Tokayev visited Belgrade – Kazakhstan and Serbia set sights on joint projects in industry, transport, energy, and defense industry
On 19 November, President of Kazakhstan Kassym-Jomart Tokayev paid an official visit to Serbia, where he held talks with the country’s top leadership, including President Alexander Vucic and Prime Minister Milos Vucevic. The visit was marked by the strengthening of bilateral relations and the signing of a number of important agreements. During the talks, special […]
The EBRD invested over €333 million in 87 projects in Turkmenistan
The European Bank for Reconstruction and Development (EBRD) plans to develop a new five-year strategy for Turkmenistan, which will pay special attention to the development of the country’s export potential. This was stated by Eric Livni, Head of the EBRD Representative Office in Turkmenistan, in an interview with the Neutral Turkmenistan newspaper. The EBRD, being […]
Turkmenistan Showcases Investment Potential at Global Forum in Abu Dhabi
The Global Forum on Commercial, Investment, and Business Opportunities in Turkmenistan 2024 was held on November 7-8, 2024, in Abu Dhabi, UAE. Organized by the Chamber of Commerce and Industry of Turkmenistan and Nielsonsmith, this influential event gathered delegates from international companies, government bodies, and diverse industry sectors. The forum fostered partnerships in investment and […]
CIET 2024: More than 1,500 private companies in Turkmenistan are engaged in industrial and chemical production
The Union of Industrialists and Entrepreneurs of Turkmenistan (UIET), established in 2008, has become a significant force in the country’s economic development. This was highlighted by UIET Board Member Tachmyrat Gurdov at the international conference CIET 2024. With a membership exceeding 29,000 private entrepreneurs and enterprises, the UIET represents a diverse range of industries. The […]
CIET 2024: Turkmenistan strengthens cooperation with international financial institutions to implement major state projects
Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan Rahimberdi Jepbarov, speaking at the international construction and industrial conference “Construction, Industry, Energy of Turkmenistan” (CIET 2024) in Ashgabat, presented an overview of cooperation with international financial institutions and cited some indicators of the development of the country’s construction and industrial […]
The President of the Islamic Development Bank held a series of talks in Ashgabat to discuss prospects for investment cooperation
On 20 September 2024, the Minister of Foreign Affairs of Turkmenistan Rashid Meredov held a meeting with the President of the Islamic Development Bank (IsDB) Muhammad Al-Jasser. During the talks, priority areas were discussed, as well as the possibility of building up a long-term partnership, the Ministry of Foreign Affairs of Turkmenistan reports. It was […]
Uzbekistan: a growing hub for Western and Chinese investments
Bukhara, one of Central Asia’s oldest cities, has long stood as a historical waypoint on the Great Silk Road, where caravans laden with goods moved between East and West. Today, this city is witnessing a new chapter in its storied past—one defined by industrial advancement and economic transformation. Not far from the ancient bazaars of […]
Turkic Investment Fund
nCa Report The Organization of Turkic States (OTS) established the Turkic Investment Fund during the extraordinary summit of the Organisation of Turkic States on 16 March 2023 in Ankara. The founding countries were Azerbaijan, Kazakhstan, Kyrgyzstan, Uzbekistan and Turkey. Baghdad Amreyev, who had completed his tenure as the Secretary General of the OTS, was appointed […]
Interview – Ji Kyu-Taek, Ambassador of Korea in Turkmenistan
Here is the transcript of an interview with the ambassador of Korea in Turkmenistan, Ji Kyu-Taek. nCa – Could you please sum up the results of the visit of President Yoon Suk Yeol of Korea to Turkmenistan in June 2024? JKT – His Excellency Yoon Suk Yeol, President of the Republic of Korea(RoK) and His […]
Abu Dhabi’s Gulf Capital, Kazakhstan’s QIC set up $800mln investments fund for Central Asia
Abu Dhabi private equity firm Gulf Capital and a subsidiary of Kazakhstan’s sovereign wealth fund have established an $800 million fund to drive investments in Central Asia. The partnership between the Qazaqstan Investment Corporation (QIC) and Gulf Capital will include the expansion of the UAE firm’s portfolio companies in Kazakhstan, with the support of the […]
Investments of Turkmenistan in Afghanistan exceed USD 1.5 Billion
The deputy prime minister and foreign minister of Turkmenistan, Rashid Meredov, conducted recently a briefing for the diplomats and media. Among the subjects he covered was the launch of the work on the infrastructure projects in Afghanistan including the first section of TAPI. According to the reports from a number of the Afghan media outlets, […]
Kazakh-German summit talks in Astana – Kazakhstan and Germany are implementing investment projects worth $55 billion
On 16 September 2024, President of Kazakhstan Kassym-Jomart Tokayev and Federal Chancellor of Germany Olaf Scholz had summit talks in Astana. Tokayev called Scholz’s visit historic, as it is the first visit of the head of the German Government to Kazakhstan in the last 14 years. As Tokayev noted, Germany is one of Kazakhstan’s main […]
The German Chancellor and the President of Uzbekistan met in Samarkand – a package of documents signed – Germany and Uzbekistan are working on projects worth 9 billion Euros
On Sunday, 15 September, the Federal Chancellor of Germany Olaf Scholz started his visit to Central Asia. The first stop was Samarkand in Uzbekistan, where he had summit talks with the President Shavkat Mirziyoyev in narrow and expanded formats. A year ago, a meeting in Germany led to intensified contacts at all levels. Trade turnover […]
TIF 2024: ADB Commits $625 Million to Turkmenistan’s Development
The Asian Development Bank (ADB) has pledged $625 million in investment projects in Turkmenistan, with one project completed and another ongoing. Additionally, the Bank is providing $11 million in technical assistance to strengthen institutions and capacity building, as announced by ADB’s Country Director for Turkmenistan, Artur Andrysiak, during his online presentation at TIF2024 in Ashgabat. […]
TIF 2024: 18 agreements and MoUs inked on the sidelines of the Turkmen Investment Forum in Ashgabat
Eighteen agreements and Memorandums of Understanding (MoUs) were signed between Turkmen state-run, public-private enterprises and foreign companies during the dedicated signing ceremony on the second day of TIF 2024 in Ashgabat. The deals cover a wide range of sectors, including energy, textile production, chemical industry development, shipbuilding, railway equipment, environment, logistics. The agreement and MoUs […]
Speech by President Serdar Berdimuhamedov at the Investment Forum of Turkmenistan, the international conference on attracting high technologies and innovations to the national economy and specialized exhibitions (via videoconference)
Dear compatriots! Dear participants of the international forum! I heartily congratulate you on the start of the work of the Investment Forum of Turkmenistan and the international conference on attracting high technologies and innovations to the national economy, as well as specialized inspections that are taking place in white marble Ashgabat on the eve of […]
TIF 2024: The private sector is the key to Turkmenistan’s prosperity
The second session of the Turkmenistan Investment Forum (TIF 2024), held in Ashgabat on September 10, focused on the pivotal role of public-private partnerships (PPPs) in driving economic growth. Nokerguly Atagulyev, Chairman of the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET), outlined the country’s thriving entrepreneurial landscape and highlighted key PPP projects. Here are […]