Japanese companies are implementing 38 investment projects in Turkmenistan worth more than 11 billion USD

Japanese companies are implementing 38 investment projects in Turkmenistan worth more than 11 billion USD

Japanese companies are implementing 38 investment projects in Turkmenistan worth more than 11 billion USD. About this stated the Chairman of the Halk Maslahaty Milli Gengesh Gurbanguly Berdimuhamedov at a meeting with representatives of the business community of Japan, which was held in Tokyo, reports the “Neutral Turkmenistan” newspaper today.

He noted that only in the last 4 years, with the participation of Japanese companies, large industrial facilities were put into operation in Turkmenistan - a gas chemical complex for the production of ammonia and carbamide in Garabogaz, a polymer plant in Kiyanly, a plant for the production of gasoline from natural gas in Ovadandepe and a gas turbine power plant in the Chardzhev etrap of the Lebap velayat.

The head of the Halk Maslahaty of the national parliament also said that the General Agreement on the supply of Komatsu earth-moving equipment worth more than 470 million USD and Toyota vehicles with a preliminary cost of 90 million USD is currently being implemented.

He also said that negotiations are currently underway with the Ministry of Foreign Affairs and the Ministry of Economy, Trade and Industry of Japan on the Agreement on the Promotion and Mutual Protection of Investments.

The head of the Halk Maslahaty noted that among the priorities of the partnership with Japan are environmental protection, projects in the field of green and clean energy, which is in line with modern world trends.

Taking the opportunity, the Chairman of the Halk Maslahaty Milli Gengesh expressed gratitude to the Japanese business community for cooperation and at the same time confirmed the firm readiness of Turkmenistan for its development, diversification and expansion, while noting the active assistance to this process from the Japanese government, primarily the Ministry of Economy, Trade and Industry, Bank for International Cooperation of Japan, NEXI insurance agency.

Let us remind that last week, on behalf of the President of Turkmenistan, Chairman of the Halk Maslahaty Milli Gengesh Gurbanguly Berdimuhamedov is on a working trip to Japan, during which he participated in the state funeral of Shinzo Abe, and also held meetings with the Prime Minister of Japan, representatives of parliament, leaders of some leading companies in the country.

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