First International Investment Forum begins in Ashgabat

An International Investment Forum kicked off at the Exhibition Center in Ashgabat on October 15. The forum brought together over 600 heads of major foreign companies, stock exchanges, commercial banks, representatives of consulting and rating agencies from more than 50 countries. The forum was organized by the Chamber of Commerce and Industry of Turkmenistan jointly with British company “IC Energy Limited.”  

The forum participants will discuss a strategy and investment opportunities in the oil and gas and chemical industries of Turkmenistan, as well as prospects for investment projects in a wide range of areas. These include real estate, construction, social sphere, engineering and transport infrastructure, textiles, banking, healthcare and pharmaceutical industry, agribusiness, telecommunications and advanced information technology, electricity, and alternative energy sources.

According to the official press release, there will be also held presentation of the National Tourist Zone Avaza and Exhibition of Economic Achievements of Turkmenistan on the final day of the forum to mark the 18th anniversary of Turkmenistan’s independence.

President of Turkmenistan Gurbanguly Berdimuhamedov sent a welcome message to the participants of the International Investment Forum. The text of the messages was published in the central press of the country, the Turkmenistan.ru correspondent reports from Ashgabat.

“Viewing the economic context an essential component of international cooperation, we are building and strengthening mutually beneficial partnerships with big companies, and conducting an active dialogue with investors,” the head of state stressed.

The President expressed confidence that “such a high-level forum will demonstrate investment opportunities in Turkmenistan and contribute to enhancing cooperation between business circles of different countries.”