Economy
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.
Turkmenistan develops energy potential of the Caspian coast
05.11.2025At the CIET 2025 conference, Deputy Minister of Energy Serdar Saparov announced the start of construction of a new combined cycle power plant on the Caspian coast, according to the online news resource TerraNews. The plant will have a capacity of 1,574 MW. The project aims to modernise the energy system, improve energy security and expand electricity exports to the Caucasus countries and Turkey. The use of combined technology will allow the reuse of thermal energy from waste gases, which will reduce fuel consumption and emissions, making production more environmentally friendly and energy efficient. S. Saparov noted that the project reflects Turkmenistan's commitment to innovation and the development of ‘green’ energy as part of its sustainable growth strategy.
Turkmenistan and ‘Bitdeer Technologies Group’ explore digital solutions
05.11.2025At the CIET-2025 International Conference and Exhibition in the ‘Avaza’ National Tourist Zone, ‘Bitdeer Technologies Group’, a global leader in blockchain and high-performance computing, presented its digital solutions for the energy and industrial sectors of Turkmenistan, according to the online news resource TerraNews. The company's Director of Partnerships and Business Development, Housame Naimi, noted the potential of implementing Bitdeer technologies to improve the efficiency and sustainability of the economy. The company is considering the possibility of creating high-tech data centres in Turkmenistan based on consistent energy resources. According to Bitdeer, such cooperation could contribute to the development of the digital industry and the rational use of the country's energy potential. H. Naimi's speech highlighted the growing interest of global IT companies in Turkmenistan as a promising platform for ‘smart’ and environmentally friendly technologies.
Turkmenistan signs memorandum with German company Zippe Industrieanlagen
05.11.2025At the CIET 2025 International Conference, a Cooperation Agreement was signed between the Ministry of Industry and Construction of Turkmenistan and the German company ‘Zippe Industrieanlagen GmbH’, according to the online news resource TerraNews. The partnership aims to modernize Turkmenistan's glass enterprises and improve their efficiency. The use of German technologies will optimize production processes and enable the manufacture of high-quality construction glass, which is in line with Turkmenistan's national strategy to replace imports in the construction industry. ‘Zippe Industrieanlagen GmbH’ specializes in supplying equipment and technological solutions for the glass industry, including raw material preparation and batch mixing systems.
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