Arzuw NEWS - Turkmenistan news

Turkmen-Japanese negotiations on economic cooperation took place

Representatives of the State Bank for Foreign Economic Affairs of Turkmenistan and the State Export-Import Agency of Japan (NEXI) held a video conference to discuss the current situation on the signed agreements and the prospects for further financial relations. It is, first of all, about the oil and gas complex, power industry, transport sector, chemical industry, agriculture and innovative technologies.

Japanese investments rank first in the structure of international loans of Turkmenistan and account for 39% of all attracted funds.

The parties emphasized the positive experience of joint infrastructure projects in various fields, which were insured by NEXI.

Examples include loan agreements with JBIC (Japan Bank for International Cooperation), signed to finance large-scale facilities in the oil and gas, electricity and chemical industries.

NEXI contributed implementations 5tee projects "Türkmengazи "Türkmenhimiýagross at $3.63 billionJapanese builders now are doing building gas turbine power plants с potential power 432 MWlocated at в Lebap region.

At the online meeting, the parties consulted on the partnership for the construction of specific new complexes in Turkmenistan.

Source: turkmenistan.gov.tm

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