The III International Investment Forum in Ashgabat brought together the representatives of the political circles, government institutions, investors, scientists and top managers and specialists of the world’s leading companies and international organisations from over 20 countries with the aim of intensifying the dialogue in the investment sector.
The three-day forum provided participants with an opportunity to discuss and analyze the existing situation and trends in the rapidly developing Turkmen market. Key priorities of cooperation and fields for concerted efforts in line with the short-term strategic tasks of the Turkmen state were identified during the discussions, consultations and business talks held at the Mizan Business Centre.
The forum organized by the Chamber of Commerce and Industry of Turkmenistan allowed establishing new contacts and intensifying existing relations between foreign partners on the one hand and the heads of Turkmen ministries and sectoral departments, administrations of velayats and Ashgabat, representatives of the private sector of Turkmen economy, who were invited by their foreign counterparts to develop and implement new joint projects, on the other hand.
A fruitful exchange of views on the ways to fully implement the investment potential of Turkmenistan and its regions, to develop the mechanisms for accelerated economic growth and create new powerful incentives for industrial, scientific, technological, social and economic development of Turkmenistan involved foreign experts. Moreover, the representatives of the business communities and investment funds could evaluate the practicability of investment in innovations through the informative presentations, analytical calculations and substantial discussions, and the authors of innovative projects could receive the detailed information on the effective instruments for attracting investments.
The first part of the forum focused particularly on the strategic aspects of Turkmenistan’s investment policy in the context of national development as well as in the aspect of its positive influence on the integration processes in the Central Asian region and within the ambitious transnational and intercontinental projects, cooperation with international organisations. The representatives of the UN, OSCE, ECO, international banks and financial corporations, the delegations of the Governments of China, the United Kingdom, the Federal Republic of Germany, Russia, the United Arab Emirates, Turkey and other countries discussed these issues.
The work of the forum was aimed at identifying the spheres for taking joint efforts and practical measures to encourage investment in developing modern innovative infrastructure.
The key objectives and aims of Turkmenistan’s social, economic and investment policy were considered during the section meetings dedicated to investment in promoting the health care, communications, transports and telecommunications sectors, modernizing the fuel and energy sector and exploring hydrocarbon on-land and offshore deposits. In their reports forum participants underlined the topicality of President Gurbanguly Berdimuhamedov’s international initiatives aimed at creating the effective mechanisms under the aegis of the UN to ensure reliable and stable energy transit and facilitate enhancing global energy security.
The prospects for the development of the regions of Turkmenistan and their investment potential, application of innovative technologies in the construction and building materials industries, promotion of the agro-industrial and textile sectors and tourism were discussed during the special sections. Forum participants exchanged views on the contribution and role of the financial and banking sectors in promoting foreign economic activity and presented the rich experience in enhancing the export potential, the monetary and tax policies of their countries and legal regulations in this sector.
It was noted that the modern regulatory framework had been developed in Turkmenistan offering investors the favourable and reliable conditions for investments in various spheres of the national economy. All this makes Turkmenistan attractive for many foreign countries and encourages flows of foreign investment.
During the forum the guests learned about the ongoing ambitious projects in various sectors of Turkmen economy and in the entrepreneurial sector.
In their reports foreign participants underlined the intensification of the business activity in Turkmenistan and the keen interest of foreign companies in the promising Turkmen market in the whole spectrum of fields. Forum participants exchanged the plans for cooperation during the bilateral meetings and talks.
The three-day forum provided participants with an opportunity to discuss and analyze the existing situation and trends in the rapidly developing Turkmen market. Key priorities of cooperation and fields for concerted efforts in line with the short-term strategic tasks of the Turkmen state were identified during the discussions, consultations and business talks held at the Mizan Business Centre.
The forum organized by the Chamber of Commerce and Industry of Turkmenistan allowed establishing new contacts and intensifying existing relations between foreign partners on the one hand and the heads of Turkmen ministries and sectoral departments, administrations of velayats and Ashgabat, representatives of the private sector of Turkmen economy, who were invited by their foreign counterparts to develop and implement new joint projects, on the other hand.
A fruitful exchange of views on the ways to fully implement the investment potential of Turkmenistan and its regions, to develop the mechanisms for accelerated economic growth and create new powerful incentives for industrial, scientific, technological, social and economic development of Turkmenistan involved foreign experts. Moreover, the representatives of the business communities and investment funds could evaluate the practicability of investment in innovations through the informative presentations, analytical calculations and substantial discussions, and the authors of innovative projects could receive the detailed information on the effective instruments for attracting investments.
The first part of the forum focused particularly on the strategic aspects of Turkmenistan’s investment policy in the context of national development as well as in the aspect of its positive influence on the integration processes in the Central Asian region and within the ambitious transnational and intercontinental projects, cooperation with international organisations. The representatives of the UN, OSCE, ECO, international banks and financial corporations, the delegations of the Governments of China, the United Kingdom, the Federal Republic of Germany, Russia, the United Arab Emirates, Turkey and other countries discussed these issues.
The work of the forum was aimed at identifying the spheres for taking joint efforts and practical measures to encourage investment in developing modern innovative infrastructure.
The key objectives and aims of Turkmenistan’s social, economic and investment policy were considered during the section meetings dedicated to investment in promoting the health care, communications, transports and telecommunications sectors, modernizing the fuel and energy sector and exploring hydrocarbon on-land and offshore deposits. In their reports forum participants underlined the topicality of President Gurbanguly Berdimuhamedov’s international initiatives aimed at creating the effective mechanisms under the aegis of the UN to ensure reliable and stable energy transit and facilitate enhancing global energy security.
The prospects for the development of the regions of Turkmenistan and their investment potential, application of innovative technologies in the construction and building materials industries, promotion of the agro-industrial and textile sectors and tourism were discussed during the special sections. Forum participants exchanged views on the contribution and role of the financial and banking sectors in promoting foreign economic activity and presented the rich experience in enhancing the export potential, the monetary and tax policies of their countries and legal regulations in this sector.
It was noted that the modern regulatory framework had been developed in Turkmenistan offering investors the favourable and reliable conditions for investments in various spheres of the national economy. All this makes Turkmenistan attractive for many foreign countries and encourages flows of foreign investment.
During the forum the guests learned about the ongoing ambitious projects in various sectors of Turkmen economy and in the entrepreneurial sector.
In their reports foreign participants underlined the intensification of the business activity in Turkmenistan and the keen interest of foreign companies in the promising Turkmen market in the whole spectrum of fields. Forum participants exchanged the plans for cooperation during the bilateral meetings and talks.
