Oriented on making people closer

At the TIF 2024, held on September 19-20 in Ashgabat, strategic investment projects in key sectors of Turkmenistan's economy will be presented. These include:

Transport and Communications. Turkmenistan aims to solidify its position as a major transport hub in the region. With its integration into the global transport system, transit cargoes pass through Turkmenistan, forming a crucial link in the Great Silk Road, which is of great importance for the development of the national economy and the strengthening of friendly relations. Investors will be presented with projects for the modernization of the auto repair base in Turkmenabat and the Serdar Wagon Repair Plant, scheduled for completion by 2028. These projects will enhance the efficiency of railway transportation and strengthen the country's logistics infrastructure.

Chemical Industry. The development of the gas chemical sector is one of the key drivers of economic growth. Several gas chemical complexes have been commissioned in recent years, with more planned. The Turkmenbashi Oil Refinery is a flagship industrial complex located in western Turkmenistan. Investors will be introduced to projects for the construction of a hexane production facility at the Kiyanly plant and a chemical complex in Garabogaz, as well as the modernization of the Maryazot production association's plants. These projects will significantly expand the range of products and strengthen the country’s export potential.

Power Generation Industry. Amid growing demand for electricity, Turkmenistan is focusing on the modernization of existing and construction of new energy facilities, including renewable energy sources. The development of the country's energy sector is based on scientific principles, a solid legal framework, and well-designed programs. The scientific foundations of the development of the domestic electric power industry are reinforced by proposals from Turkmen scientists related to the implementation of new promising technologies in production. Investors will be presented with projects for converting the gas turbine units of the Dashoguz and Ahal power plants to combined cycle, as well as the construction of a solar power plant in the Lebap region, which will reduce dependence on traditional energy sources and expand electricity exports.

Oil and Gas. The oil and gas industry of Turkmenistan remains a key sector of the economy. During the forum, special attention will be paid to attracting investments in the development of offshore blocks in the Caspian Sea, whose hydrocarbon resources are estimated at 12.1 billion tons of oil and 6.1 trillion cubic meters of gas, as well as optimizing production at mature fields. To date, the State Concern "Turkmennebit" has prepared a package of geological and technical information on offshore blocks 11, 12, 16, 21, 23, 24 for potential investors to study in detail. The TAPI gas pipeline remains an important project, opening up new opportunities for the export of Turkmen gas to South Asian markets. Investors will be presented with detailed technical information on the offshore blocks of the Turkmen sector of the Caspian Sea in the form of data packages containing geological, geophysical, and technical information.

More detailed information on investment projects and teasers can be found on the official event website at https://tif-turkmenistan.com/ru/opportunities.

Photo: provided by the TIF 2024 Organizing Committee