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    Turkmenistan

    Berlin, Ashgabat explore potential partnerships in petrochemicals, construction, and textiles

    Berlin, Ashgabat explore potential partnerships in petrochemicals, construction, and textiles

    A delegation of Turkmenistan headed by Chairman of the Chamber of Commerce and Industry Dovletgeldy Redzhepov will pay a working visit to Dusseldorf from June 26 to 29, the Eastern Committee of the German Economy reports.

    As stated in a recent press release, professionals within the business sector are currently expressing interest in forging connections with German engineering companies and associations, with a particular focus on those operating within the petrochemical, construction, and textile industries.

    Turkmenistan has the world's fourth-largest reserves of natural gas. In addition to pipeline exports to Russia and China, processing natural gas into polypropylene and polyethylene, for example, is essential.

    Photo: Asian Development Bank (ADB)

    Throughout its independence, Turkmenistan has undergone a profound transformation from a nation primarily focused on raw material production to one that is now renowned as a preeminent global producer of top-tier textile goods. A significant 70% of the country's output is currently exported to foreign markets.

    Several German companies are involved in long-term projects in Turkmenistan, including Siemens, Daimler, Claas, Rohde & Schwarz, Dresser-Rand, MAN, and Bosch.

    Germany is among the four EU member states (France, Italy, and Romania being the others) with an embassy in Ashgabat, while Turkmenistan has a consulate in Frankfurt/Main and an embassy in Berlin.

    Credits: Eziz Boyarov, Ashgabat

    23.06.2023, 12:54   Comments (0)   1161
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