Russian Companies to Participate in Turkmenistan Investment Forum

28 August

The Turkmenistan Investment Forum (TIF) is set to take place in Ashgabat on September 10-11, with around 10 Russian companies confirmed to participate. This information was shared with TASS by the forum's organizers.

 

Among the Russian companies attending are RZhD, ChemVostok, Resurs, Miratorg TC, Novikombank, Trade House Garant, Termomix Group, Favorit, and Akvitens. Additionally, representatives from the Ministry of Economic Development of the Russian Federation and Synergy University are expected to participate. In total, more than 350 delegates from 32 countries have registered for the forum.

 

The forum is aimed at attracting foreign investment, particularly in the hydrocarbon resources of the Caspian Sea and Turkmenistan's largest gas field, Galkynysh. It will also highlight major projects such as the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline and initiatives in gas chemistry, power generation, construction, textiles, and transport, as well as the development of smart agriculture and efficient water usage.

 

Separate sessions at the forum will focus on the green economy and improving transport connectivity. Two key roundtables will address the environmental aspects of hydrocarbon development, with an emphasis on reducing methane and gas emissions, and Turkmenistan's integration into the global economy, including the potential for joining the World Trade Organization. The forum will also feature an exhibition showcasing the country's economic achievements.

 

The event is organized by Turkmenistan's Ministry of Finance and Economy, the Ministry of Foreign Affairs, and the House of Representatives.

 

 

GSV "Russia - Islamic World"

Photo: Kerri-Jo Stewart/Creative Commons 2.0

Based on materials from TASS