Economy
Huawei strengthens partnership with Turkmenistan in digital technology development
12.11.2025Huawei representative Han Xiaoping delivered a speech at the ‘Türkmentel–2025’ International Conference. In her address, she noted the company's significant contribution to the modernisation of Turkmenistan's telecommunications networks and expressed pride in Huawei's participation in strategically important national projects, according to IIC. The company representative emphasised that the partnership with Turkmenistan is being implemented under the wise leadership of President of Turkmenistan Serdar Berdimuhamedov and is aimed at introducing advanced technologies that contribute to accelerating digital transformation. Han Xiaoping paid particular attention to the Arkadag ‘smart’ city project. She said that the company had been actively involved in the first phase of construction and was ready to continue cooperation in the next phase, applying the most modern technological solutions. Concluding her speech, the Huawei representative confirmed the company's readiness for long-term cooperation with Turkmenistan in the field of digitalisation, network modernisation and the development of the ‘smart’ city concept.
Investment and innovation: Turkmenistan demonstrates openness and growth potential
12.11.2025Deputy Chairman of the Cabinet of Ministers of Turkmenistan Mammethan Chakyev, speaking at the ‘Türkmentel–2025’ International Exhibition and Scientific Conference, announced Turkmenistan's readiness to consider specific investment proposals from foreign partners. This was reported by IIC. He stressed that the implementation of joint projects will be based on the principles of equality and mutual benefit, which reflects the essence of Turkmenistan's ‘open door’ policy. According to the Deputy Prime Minister, more than eighty foreign companies and authoritative experts are participating in the forum, and the annual growth in the number of participants testifies to the formation of a favourable investment climate in the country. Mammethan Chakyev also focused on the transport and transit potential of Turkmenistan. Due to its advantageous geo-economic position, the country is implementing large-scale infrastructure projects in the East-West and North-South directions, creating new opportunities for strengthening trade and economic ties in the Eurasian space.
A conference combining digital technologies and transport has kicked off in Ashgabat
12.11.2025A conference, which combined the scientific and technological focus of ‘Türkmentel–2025’ and the transport and logistics theme of the forum ‘International Transport and Transit Corridors: Interconnection and Development – 2025,’ opened in Ashgabat at the Chamber of Commerce and Industry of Turkmenistan as part of the International Forum. This was reported by IIC. The conference's working programme opened with two key sessions that outlined the priority areas of state policy. The first, entitled ‘Digital Transformation: Sustainable Development of the Economy of Turkmenistan,’ was devoted to issues of strengthening the economy through international partnerships in the field of digitalisation. At the same time, a session entitled ‘International Cooperation and Investment: The Driving Force of Future Transport’ was held, where participants discussed mechanisms for attracting investment and expanding international cooperation for the development of transport corridors.
Turkmenistan demonstrates innovative potential at ‘Türkmentel–2025’
12.11.2025The grand opening of the ‘Türkmentel–2025’ International Exhibition and Scientific Conference was held in Ashgabat, together with the ‘ITTC–2025’ International Conference and Exhibition. These large-scale forums, organised by the Transport and Communications Complex of Turkmenistan with the assistance of the Chamber of Commerce and Industry, have become a central platform for demonstrating the country's achievements in the field of telecommunications, digital technologies and transport and transit infrastructure, according to TerraNews. The opening ceremony was attended by heads of relevant ministries and departments, representatives of the diplomatic corps, international organisations and leading global companies. The ‘Türkmentel–2025’ and ‘ITTC–2025’ exhibitions attracted the attention of key international structures — ITU, RCC, as well as leading corporations, including IBM, Huawei, Nokia, Thales, Mitsubishi Corporation and others. The participation of such influential partners confirms Turkmenistan's active integration into the global digital space and its commitment to implementing innovative solutions. The agenda of the forums covers a wide range of topics, including the development of international scientific and technical cooperation in the field of artificial intelligence, big data analysis, blockchain and cybersecurity.
Turkmen companies to showcase their products at Halal Expo 2025 in Istanbul
12.11.2025Turkmen entrepreneurs are invited to attend Halal Expo 2025, which will be held from 26 to 29 November 2025 in Istanbul (Republic of Turkey). This was reported by the press service of the Chamber of Commerce and Industry of Turkmenistan. The event will serve as a platform for demonstrating the potential of the national economy, promoting export opportunities and establishing new business contacts. The participation of Turkmen companies in the exhibition will strengthen trade and economic cooperation with foreign partners and showcase the country's achievements in industry and entrepreneurship. Halal Expo 2025 traditionally brings together manufacturers of halal products and business representatives interested in developing international cooperation in this area. The national pavilion of Turkmenistan is organised by the Chamber of Commerce and Industry of Turkmenistan in conjunction with the Union of Industrialists and Entrepreneurs of Turkmenistan.
‘John Deere’ tests innovative agricultural machinery in Turkmenistan
11.11.2025‘John Deere’ is testing new agricultural equipment in Turkmenistan. This was announced by the company's representative in the country, Colin Nelson, during the Turkmen-American Business Forum held in Washington, according to Turkmenportal. According to Nelson, the equipment, designed for harvesting cotton and wheat, improves water use efficiency. He expressed hope that Turkmen private enterprises will show interest in purchasing the new equipment in the future. The business forum, entitled ‘Turkmen-American Business Cooperation: New Opportunities and Prospects for Partnership Development,’ was held in November. Participants included ‘John Deere’, ‘General Electric’, ‘SpaceX’ and ‘Oppenheimer Holdings Inc.’.
The Turkmenistan Stock Exchange has summarized the weekly results
10.11.2025Last week, 11 deals were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan. This was reported by TerraNews. Entrepreneurs from Turkey and Afghanistan purchased urea produced by ‘Türkmenhimiýa’ and aviation kerosene produced by ‘Türkmennebit’ State Concerns for foreign currency. In addition, bedding sets, cotton yarn, cotton fibre, light industry waste, as well as licorice roots and rhizomes were sold for export. The buyers were companies from China, Turkey, Switzerland and Estonia. The total amount of foreign trade transactions exceeded $5.5 million. On the domestic market, Turkmen entrepreneurs purchased polypropylene, base oil (‘Türkmennebit’ State Concern) and cotton fibre worth over 58.6 million manats.
The Minister of Construction of Turkmenistan represented the country at a forum in Beijing
10.11.2025Abdylla Geldiyev, Minister of Construction and Architecture of Turkmenistan, took part in the conference of construction ministers of the ‘China – Central Asia’ format, held in Beijing from 6 to 8 November. This was reported by TerraNews. The forum was devoted to issues of sustainable urban development and expanding cooperation within the framework of the ‘Belt and Road Initiative’, continuing on from the second ‘China – Central Asia’ summit, which was held earlier in Astana. Speaking at the conference, Abdylla Geldiyev presented the development strategy for the construction industry in Turkmenistan and noted that the rich architectural heritage of the Great Silk Road serves as a solid foundation for modern international partnership. The minister outlined four key areas of cooperation: the development of ‘green’ infrastructure, the reduction of seismic risks, the exchange of experience in the field of architecture and urban planning, and the strengthening of scientific and technical potential through joint seminars and conferences.
Turkmenistan presented the potential of its oil and gas industry at ADIPEC-2025
07.11.2025A delegation from Turkmenistan, led by Guvanch Agajanov, Chairman of the State Concern ‘Türkmennebit,’ took part in the ADIPEC-2025 international oil and gas exhibition and conference, held from 3 to 6 November in Abu Dhabi. This was reported by the press service of the Foreign Affairs Ministry of Turkmenistan. The delegation included Bayram Bayramov, Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the UAE, and representatives of the ‘Türkmennebit’ and ‘Türkmengaz’ concerns. Turkmenistan was represented at the exhibition by a national pavilion showcasing the achievements of the oil and gas industry and the country's investment opportunities. G. Agajanov held meetings with the management of ‘ADNOC’, ‘ENOC’, ‘Dragon Oil’ and other international companies, discussing current cooperation and promising projects. Particular attention was paid to the 25th anniversary of cooperation with ‘Dragon Oil’. Negotiations were also held with ‘Petronas’, ‘Siemens Energy’, ‘Baker Hughes’, ‘Yug-Neftegaz’ and ‘Azizi Group’. Participation in ADIPEC-2025 underscored Turkmenistan's desire to develop international energy cooperation and attract investment in the industry.
Turkmenistan and Austria expand economic ties
06.11.2025The Chamber of Commerce and Industry of Turkmenistan hosted a Turkmen-Austrian round table with the participation of an Austrian business delegation headed by Austrian Ambassador to Turkmenistan Thomas Schuller-Götzburg (resident in Baku). The delegation included representatives of private companies, according to the online news resource TerraNews. The parties discussed strengthening economic partnership and potential areas of cooperation. After the plenary session, B2B meetings were held, during which entrepreneurs will exchange contacts and discuss opportunities for joint projects. The aim of the event was to intensify business ties and attract Austrian investment into the economy of Turkmenistan.
Turkmenistan held negotiations with ‘MAN Energy Solutions’ on energy development
05.11.2025On the sidelines of the CIET 2025 International Conference and Exhibition, Deputy Minister of Energy of Turkmenistan Serdar Saparov held a meeting with Boris Levin, representative of MAN Energy Solutions, according to the online news resource TerraNews. During the negotiations, they discussed the possibilities of using MAN's advanced technologies to modernise existing energy facilities and build new ones. Particular attention was paid to improving the efficiency of equipment and reducing natural gas consumption. The parties also considered measures to reduce the carbon footprint, including the introduction of energy-efficient equipment and the use of low-carbon fuels. Issues of technical maintenance, training of Turkmen specialists and the potential localisation of service centres were discussed. The meeting demonstrates Turkmenistan's desire to attract global technology leaders to achieve its strategic goals in the field of energy security and sustainable development.
‘Kawasaki’ expands industrial cooperation with Turkmenistan
05.11.2025Tomohiro Takashina, Director of ‘Kawasaki Heavy Industries, Ltd.’s Representative Office in Turkmenistan, announced at the CIET 2025 conference that the company is ready to begin the second phase of construction of a plant to produce environmentally friendly gasoline from natural gas. This was reported by the news website Asmannews. According to Tomohiro Takashina, the existing GTG-1 plant in the Ahal velayat has become an example of successful cooperation and produces Euro 5 standard fuel, which is in demand in the markets of neighbouring countries and Europe. He stressed that Turkmenistan's neutral status and economic stability, as well as its rich natural resources, create favourable conditions for international business. The company representative added that, building on the success of the GTG-1 project, ‘Kawasaki Heavy Industries, Ltd.’, together with ‘Rönesans’ and ‘ITOCHU’, intends to implement the construction of a new GTG-2 complex, which will contribute to strengthening economic ties between Turkmenistan and Japan.
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