Economy
Leading global investors will gather at TIF-2025 in Ashgabat
19.08.2025The TIF 2025 Investment Forum, which will be held on 18-19 September in Ashgabat, will bring together representatives of government, international organisations, financial institutions and business. This was reported by the news agency Orient. The main objective of the event is to strengthen economic ties, attract investment and develop sustainable partnerships. The forum will open with a plenary session on ‘Turkmenistan's Investment Appeal as a Factor of Strategic Efficiency.’ Key speakers will include representatives of the government and international organisations, including the World Bank, the EU, the Eastern Committee of the German Economy and the leadership of Tatarstan. The programme includes nine thematic discussions on the development of energy, transport, logistics, digital and ‘green’ technologies, the agricultural sector, trade, public-private partnerships and economic diversification. Separate sessions with the participation of the World Bank and the EBRD will be devoted to climate, the circular economy, water resources, trade and healthcare, including the ‘One Health in Central Asia’ project. The forum will serve as a platform for presenting large-scale projects in energy, infrastructure, agriculture and innovative technologies, creating opportunities for international cooperation.
Turkmen entrepreneurs invited to TajBUILD 2025 construction exhibition
19.08.2025Turkmen entrepreneurs are invited to participate in the TajBUILD 2025 international construction exhibition, which will be held from 1 to 3 October at the new EXPO Centre in Dushanbe with the support of the Chamber of Commerce and Industry of Tajikistan. This was reported by the online publication ‘Business Turkmenistan’. The forum will bring together manufacturers and distributors of building materials, furniture, equipment, software and advertising products. Participants are expected to include representatives of government agencies, architects, designers, top managers, as well as trade representatives and diplomats from Russia, Uzbekistan, Kazakhstan, Iran, Turkey and other countries. The exhibition will serve as a platform for product presentations, establishing business contacts and exchanging experience. Last year, TajBUILD 2024 in Dushanbe brought together more than 60 companies and presented the latest construction technologies and materials.
Private sector forum in Turkmenistan presents initiatives for the LLDCs
19.08.2025The ‘Avaza’ National Tourist Zone hosted a Private Sector Forum as part of the Third UN Conference on Landlocked Developing Countries (LLDC 3). The forum was attended by representatives of business, government and international organisations, according to the state news agency TDH. The forum provided a platform for discussing key challenges facing 32 countries, such as high transit costs, dependence on raw material exports and the need to diversify their economies. The main focus was on the role of the private sector in sustainable growth, industrialisation and digital transformation. Particular attention was paid to the development of logistics, the simplification of customs procedures, the introduction of digital technologies, as well as issues related to the ‘green’ economy and adaptation to climate change. The importance of the digitalisation of trade and financial services, support for youth entrepreneurship and the protection of intellectual property was also highlighted. The forum concluded with the adoption of a document containing recommendations in four areas: trade and transit, growth opportunities, digital development, and financing and investment. The final step was the creation of a Global Business Network for Landlocked Developing Countries, a platform for ongoing interaction between businesses, investors and government agencies. Thus, the Private Sector Forum has become not only a discussion platform, but also a mechanism for strengthening the role of the private sector in the development of landlocked countries.
Deals worth over $4 million were concluded at the SCRMET
18.08.2025Last week, 48 deals were concluded with foreign businessmen and Turkmen entrepreneurs at the State Commodity and Raw Materials Exchange of Turkmenistan. The total amount of currency transactions amounted to US$4.038 million. Turkmenistan's business representatives purchased products worth 97 million manats for the national currency. This was reported by the online publication ‘Turkmenistan: Golden age’. Liquefied gas produced at the technological installations of the ‘Türkmengaz’ and ‘Türkmenhimiýa’ State Concerns became the subject of transactions with representatives of business circles from Uzbekistan and Afghanistan. Businessmen from Kyrgyzstan and Great Britain purchased raw fabric and cotton yarn at the SCRMET for foreign currency. Turkmen businessmen purchased petroleum road bitumen and base oil produced by the ‘Türkmennebit’ State Concern for the domestic market. Deals were also concluded for handmade carpets and cotton yarn.
Turkmenistan Investment Forum 2025: New Opportunities for Business
18.08.2025In September 2025, Ashgabat will host the Turkmenistan Investment Forum (TIF), which will serve as a key platform for identifying reliable and promising opportunities in the dynamically developing market of Central Asia. The annual event brings together representatives of the public sector, international companies, domestic businesses, investment funds and financial institutions, providing a modern format for open dialogue and the conclusion of strategic agreements. This was reported by Orient. Unlike traditional forums, TIF 2025 focuses on specific projects that are ready for implementation. Participants will receive detailed information about real investment opportunities in strategically important sectors of the economy, allowing them to assess the country's potential in practice. The forum attracts high-level delegations, including ministers, agency heads and top managers of major international companies. This level of representation creates optimal conditions for effective B2B and B2G meetings and accelerates the conclusion of partnerships in a ‘one-stop shop’ format. The forum serves as a strategic bridge between Turkmenistan's internal potential and international markets. The programme includes plenary sessions, industry sessions and presentations, allowing participants to gain a comprehensive understanding of the opportunities and build a long-term development strategy for the region.
Over 4 million tonnes of cargo passed through the Turkmenbashi port in six months
18.08.2025In the first half of 2025, the Turkmenbashi International Sea Port handled 4 million 209.5 thousand tonnes of cargo. This was reported by the online publication ‘Business Turkmenistan’. Of this volume, 2 million 608 thousand tonnes fell on dry cargo berths, and 1 million 601.5 thousand tonnes on oil and oil product transhipment. In terms of transport structure, exports amounted to 2 million 91.68 thousand tonnes, imports – 620.803 thousand tonnes, and transit – 569.605 thousand tonnes. The main destinations for cargo traffic remain Azerbaijan, Russia, Turkey, Georgia, Uzbekistan and Kazakhstan. The development of port infrastructure, the introduction of electronic document management and the provision of convenient services to customers enable the Turkmenbashi Port to strengthen its position as a key link in the international transit corridors connecting Asia and Europe.
Turkmen businessmen are invited to the Dushanbe Invest-2025 investment forum
18.08.2025Entrepreneurs from Turkmenistan are invited to participate in the Dushanbe Invest-2025 international investment forum. The event, themed ‘Green Economy: Today's Opportunities for a Sustainable Future,’ will be held from 14 to 16 October in Dushanbe. This was reported by the online publication ‘Business Turkmenistan.’ The large-scale forum will bring together heads of government agencies, financial institutions, international organisations and business circles. In addition to the business programme, participants will have the opportunity to get acquainted with the cultural and historical heritage and natural attractions of Tajikistan, which will contribute to strengthening investment and tourism potential. The forum is organised by the State Committee on Investment and State Property Management of Tajikistan in cooperation with the Executive Authority of the City of Dushanbe, with the support of the Government of the Republic. The event will serve as an important platform for establishing business contacts and discussing the prospects for sustainable development in the region.
Turkmenistan to participate in the ‘Partnering in Business with Germany’ programme
17.08.2025From 22 September to 9 October, entrepreneurs from Turkmenistan and Kazakhstan will take part in the ‘Partnering in Business with Germany’ programme. During the three-week trip, they will visit enterprises, undergo training and hold negotiations with German companies, according to the online publication ‘Business Turkmenistan’. The delegation, which will include representatives from ministries and businesses, will focus on cooperation in the food and textile industries, agriculture, green technologies, pharmaceuticals, chemicals, construction, transport and high technology. The German side is interested in joint projects in energy, mechanical engineering, medicine and water management. The programme, under the auspices of the German Federal Ministry for Economic Affairs and Climate Action, will serve as a platform for launching new initiatives and strengthening business ties.
Turkmen Transport and Logistics Centre completes first trip on new route
17.08.2025Turkmen Transport and Logistics Centre (TULM), the country's leading rail transport operator, has organised the first train on a new international route connecting Turkey, Turkmenistan and Kyrgyzstan. This project is being implemented as part of the ‘Europe-Central Asia’ transport corridor and aims to expand multimodal freight transport in the region. This was reported by IIC. The first shipment on the new route was a delivery of humanitarian aid from the United Nations. Turkish railcars arrived at the Etrek station in Turkmenistan. The cargo was then transferred to rolling stock that meets CIS standards for further transport to Kyrgyzstan's Osh station. Established in 2018, TULM plays a key role in developing the national logistics infrastructure, increasing transit traffic volumes and optimising the delivery of multimodal cargo. The successful launch of the new route confirms Turkmenistan's growing importance as a key link in international transport corridors.
A large medical cluster is being built in the Turkmen city of Arkadag
17.08.2025As part of the second phase of construction of the ‘smart’ city of Arkadag in southern Turkmenistan, work is continuing on the construction of a large industrial complex, the centrepiece of which will be a modern medical cluster. Oguljahan Atabayeva, Vice-President for Medical Activities of the Gurbanguly Berdimuhamedov Charitable Foundation for Assistance to Children in Need of Guardianship, familiarised herself with the progress of the work and listened to a report from the Chairman of the State Committee for City Construction. This was reported by IIC. The construction project provides for the creation of a multifunctional production centre where medicines, medical equipment and consumer goods, including baby food, personal protective equipment and other products, will be developed and manufactured. Particular attention is being paid to the use of local raw materials, which will ensure the environmental friendliness of the products and their competitiveness on the market. The cluster's management company has already received international quality certificates, and the ‘Arkadag Medisina Klasteri’ trademark has been officially registered with the World Intellectual Property Organisation. The cluster's capabilities will soon be presented at the Kids EXPO international exhibition in Ashgabat. The project is being implemented as part of the ‘Saglyk’ state programme and is part of the strategy to develop high-tech and import-substituting industries in Turkmenistan. The finished products will be sold both on the domestic market and for export.
The international seaport of Turkmenistan is increasing its cargo turnover
16.08.2025The international seaport of Turkmenbashi continues to increase its cargo turnover, confirming its strategic role in transport and logistics links between Asia and Europe. According to the results of the first half of 2025, the total cargo turnover of the port amounted to 4 million 209.5 thousand tons, including 2 million 608 thousand tons of cargoes arriving at dry cargo berths and 1 million 601.5 thousand tons of petroleum products. This was reported by the IIC. At the same time, the volume of export cargo traffic reached 2 million 91.68 thousand tonnes, imports - 620.803 thousand tonnes, and transit - 569.605 thousand tonnes. The main destinations for cargo traffic remain Russia, Turkey, Uzbekistan, Azerbaijan, Georgia and Kazakhstan. Improvements to the logistics infrastructure and the introduction of digital document management technologies are helping to increase the port's efficiency. These measures create favourable conditions for customers and strengthen the transport and logistics potential of the entire region.
Entrepreneurs from Kyrgyzstan purchased cotton yarn from Turkmenistan
16.08.2025On 15 August, entrepreneurs from Kyrgyzstan signed agreements with Turkmen businessmen on the purchase of cotton yarn on the foreign market. This was reported by the press service of the SCRMET. As a result of the negotiations, two deals were concluded for a total amount of US$1.1 million. The deals are seen as part of strengthening trade and economic ties and expanding export and import operations in the textile industry.
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