From December 4 to December 7, 2023, the Islamic Development Bank (IDB) held a four-day procurement seminar in Ashgabat.

Representatives of the Cabinet of Ministers, line ministries and departments, local contractors, and consultants attended the event.

The workshop provided a platform for sharing knowledge and best practices to improve the efficiency and effectiveness of IDB-financed projects in Turkmenistan.

Representatives of the Islamic Development Bank shared with participants the necessary tools for conducting due diligence to achieve effective project implementation. They also provided an overview of the Bank’s procurement structure and mechanisms for their implementation, and provided basic information on identifying business opportunities financed by the IDB in Turkmenistan.

The Islamic Development Bank continues to support Turkmenistan's efforts to develop national systems for efficient procurement activities.

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