Economy
‘Balkandokma’ expands Turkmenistan's textile export potential
05.02.2026The closed joint-stock company ‘Balkandokma’ in the Gyzylarbat etrap of the Balkan velayat continues to strengthen its position in the textile industry of Turkmenistan, demonstrating stable production indicators. This was reported by IIC. According to the enterprise's economics and planning department, last year 3,877 tonnes of high-quality cotton yarn were produced for both the domestic market and export, which contributes to the replacement of imported goods. The yarn is made from local natural cotton and meets international environmental standards. Modern equipment from leading global manufacturers ensures stable quality and competitiveness of products. The production process is organised along the entire technological chain — from cleaning and sorting raw materials to packaging the finished yarn. Products are delivered by road and rail. The company's team of experienced specialists plans to increase production and expand exports in the new year, contributing to the development of the national textile industry.
Turkmen scientists have developed a technology for producing environmentally friendly cement
05.02.2026Scientists at the Institute of Chemistry of the Academy of Sciences of Turkmenistan have developed a technology for producing Portland cement with an increased content of mineral additives, which reduces the environmental impact without compromising quality. This was reported by the IIC of Turkmenistan. According to Rejepnur Nurberdiyev, Head of the industrial chemistry laboratory, the main cause of emissions in the cement industry is clinker production. Scientists have proposed increasing the proportion of active mineral components from 20% to 35%, reducing clinker and fuel consumption. Local moulding sand with active silicon oxide is used as an additive. Tests have shown that the cement retains its strength and resistance to aggressive environments, while reducing emissions and gas consumption. More than 300 kg of clinker is saved per tonne of cement. The results have been published in an international scientific journal and confirmed by joint research with the State Energy Institute of Turkmenistan. There are five cement plants in the country with a total capacity of over 3.5 million tonnes per year. The introduction of the new technology will increase the energy efficiency of the industry and its compliance with the principles of the ‘green’ economy.
The Halach spinning mill has increased its production and supply of yarn
03.02.2026The cotton spinning factory in the Halach etrap became one of the enterprises in the Lebap velayat that successfully completed the previous year. This was reported by the news website Turkmenportal. The volume of production amounted to 113.51 million manats, with the annual plan fulfilled by 140.2%. Production and sales figures exceeded the results of previous years. Over the year, 2,963 tonnes of yarn were sold, of which 2,226 tonnes were exported to Uzbekistan and Russia for a total of 72.309 million manats. Part of the production was supplied to domestic textile enterprises. The factory, equipped with modern equipment, produces five types of yarn, with yarn No. 17/1 being the most popular.
A modern oil products terminal has been launched in Turkmenistan
03.02.2026The modern port of Turkmenbashi plays an important role in the development of Turkmenistan's oil refining industry and in ensuring the operation of the Turkmenbashi Oil Refinery Complex (TOPC). This was reported by the IIC. As part of the expansion of the production and logistics infrastructure at the TOPC, a new berth No. 3 of the ‘Kenar’ enterprise has been put into operation, designed to load more than 2 million tonnes and unload more than 1 million tonnes of oil and oil products per year. The berth is equipped with modern automated equipment, safety and fire protection systems, which increases the reliability and efficiency of operations and contributes to the diversification of the country's export routes. The launch of the facility creates additional conditions for increasing processing volumes and consistent supplies of petroleum products to domestic and foreign markets.
Turkmenistan delegation promotes technology and business in Eswatini
02.02.2026Meetings were held in the Kingdom of Eswatini with the participation of a Turkmen business delegation led by the founder of the ‘Aýdyň Gijeler’ holding company, Hydyrberdi Abdyrahmanov. The visit continued the agreements reached during last year's visit by King Mswati III to Ashgabat, reports AsmanNews. On 27 January, the delegation was received by Minister of Foreign Affairs and International Cooperation Pholile Shakantu and Minister of Home Affairs Princess Lindiwe. The high level of representatives underscored the strategic importance of the visit and the readiness to cooperate with Turkmen companies. On 29 January, a key meeting was held with the head of the Eswatini Ministry of Information and Communication Technology, Savannah Maziya, who noted ‘Aýdyň Gijeler’ as a strategic partner. Last year, the minister visited the Turkmen ICT and electronics holding's factory. Eswatini plans to become a regional innovation hub, and Turkmenistan's experience can contribute to digital transformation and job creation for young people. The Turkmen delegation was also received by Eswatini Prime Minister Russell Mmiso Dlamini. The parties discussed commercial contracts, including sugar purchases by the Turkmen side, which will strengthen the trade balance between the countries. The visit confirmed the successful implementation of the Protocol on the Establishment of Diplomatic Relations signed in August 2025. Joint work is focused on technology, the implementation of Turkmen IT solutions, the exchange of climate-resilient practices and the creation of conditions for private capital. The trip demonstrates the formation of a new ‘South-South’ cooperation axis and the positioning of Turkmenistan as an exporter of technology and industrial solutions.
Turkmen specialists achieve success at the ‘Atabay’ gas field
02.02.2026The oil and gas industry continues to develop actively in Turkmenistan, remaining one of the key sectors of the national economy. One of the significant achievements was the successful drilling of the ‘Atabay-1’ appraisal well at the ‘Atabay’ field in the Ak Bugday etrap of the Ahal velayat, which is part of the Central Karakum gas-bearing region, reports AsmanNews. The well reached a design depth of 1,200 metres, and during exploration and testing of nine formations of the upper and lower Cretaceous period, eight were found to be gas-bearing. Particular attention was paid to the industrially significant inflow of environmentally friendly, sulphur-free natural gas with a flow rate of 284,000 cubic metres per day at a depth of 1,136-1,134 metres. It is planned to transfer the well to production management for commissioning, which will expand the supply of ‘blue fuel’ to consumers, strengthen the country's energy security and increase its export potential. The introduction of modern technology and equipment increases the efficiency of gas field development and confirms the consistent development of Turkmenistan's oil and gas and geological sectors.
Turkmenistan participates in ADB climate resilience project
02.02.2026Turkmenistan will join a regional project of the Asian Development Bank (ADB) aimed at strengthening transboundary cooperation in water resource management and increasing their resilience to climate change. This was reported by the online publication ‘Business Turkmenistan’. The project also covers Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan and is being implemented as part of the water component of the Central Asia Regional Economic Cooperation (CAREC) programme. The technical assistance budget is $750,000, funded by the ADB Special Fund. There are plans to create a regional platform for coordinated water resource management and the exchange of strategic decisions. The ADB emphasised that the project will strengthen institutional mechanisms for cooperation and introduce tools for climate-resilient water management. The bank has been cooperating with Turkmenistan since 2000, supporting the diversification of export markets and the strengthening of regional ties.
The ‘Single Window’ system speeds up exports and imports in Turkmenistan
01.02.2026In 2025, 189,954 licences and permits for export and import operations were issued in Turkmenistan through the ‘Single Window’ system. This is 2.7 times more than in 2024. This was reported by the website of the State Customs Service of Turkmenistan. More than 12,000 participants in foreign economic activity are registered in the system. The number of users continues to grow. The work of the ‘Single Window’ is coordinated by the Control and Analytical Centre of the Central Office of the State Customs Service. The system reduces the time required to process documents and speeds up foreign trade operations. The platform involves 19 ministries and departments, which provide 29 types of services. The service operates around the clock and processes about 1,000 permits per day.
Ashgabat to unite the global textile industry
30.01.2026The International Exhibition ‘TurkmenTextile Expo’ returns for its second season: from 4 to 6 June, Ashgabat will once again welcome key players in the textile industry. This was reported by the news agency Orient. After a successful debut in 2025, the project is moving to a new level, expanding its format and increasing the number of foreign participants. The exhibition is organised by the Ministry of Textile Industry and the Chamber of Commerce and Industry of Turkmenistan, co-organised by ‘TurkmenExpo’, which emphasises its international status and investment attractiveness. ‘TurkmenTextile Expo 2026’ will bring together textile and clothing manufacturers, fashion brands and designers, technology and equipment suppliers, as well as buyers, distributors and investors. The programme includes exhibitions, B2B negotiations and fashion shows featuring Turkmen and foreign designers. The organisers will provide comprehensive support to foreign participants, from visas and logistics to individual business programmes. The exhibition is positioned as a strategic platform for developing partnerships and strengthening Turkmenistan's role as one of the centres of the textile business in Central Asia.
Turkmenistan and Turkey prepare for intergovernmental commission meeting
30.01.2026The 9th meeting of the Joint Turkmen-Turkish Intergovernmental Commission on Economic Cooperation is scheduled for April 2026 in Ashgabat. This was announced by Turkish Ambassador to Turkmenistan Ahmet Demirok at a press conference on 28 January, according to Turkmenportal. The meeting will be co-chaired by Turkish Vice President Cevdet Yılmaz and Deputy Chairman of the Cabinet of Ministers of Turkmenistan Nokerguly Atagulyev. According to the Ambassador, the commission remains a key mechanism for discussing economic ties between the two countries. The previous meeting was held on 25 February 2025 in Ankara. The parties are currently preparing for the meeting.
Trade between Turkmenistan and Turkey amounted to $2 billion
29.01.2026The volume of trade between Turkmenistan and Turkey in January–November 2025 approached $2 billion. This was announced on 28 January by Ahmet Demirok, Ambassador Extraordinary and Plenipotentiary of Turkey to Turkmenistan, according to the news website Asmannews. According to the Diplomat, bilateral relations are consistently developing in all areas on the principles of mutual benefit, which has a positive impact on trade and economic cooperation. ‘Turkey remains one of Turkmenistan's largest trading partners,’ Demirok said. The Diplomat stressed that the existing potential for cooperation significantly exceeds current indicators. In this regard, the parties intend to increase trade volumes, and reaching the level of $5 billion is considered a realistic goal. The Ambassador also expressed confidence that upcoming exhibitions and joint economic events will provide an additional impetus for expanding bilateral cooperation.
Turkey will present its export products at an exhibition in Ashgabat
29.01.2026From 10 to 12 February 2026, Ashgabat will host the 12th specialised exhibition of Turkish export products. About 100 companies and industry associations from Turkey will take part in the event. This was reported by AsmanNews. Turkish Minister of Trade Omer Bolat is expected to attend the opening with an official delegation. The exhibition will serve as a platform for presenting Turkish goods and technologies. Turkmen entrepreneurs and representatives of state structures will be able to discuss possible joint projects. During his visit, Omer Bolat will hold meetings dedicated to the development of trade and economic cooperation between Turkmenistan and Turkey.
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