Last week, nine tenders were announced in Turkmenistan from the Ministry of Construction and Architecture of Turkmenistan, the Ministry of Industry and Construction Production, SC “Turkmengaz”, SC “Turkmenhimiya”, SC “Turkmenneft”, Joint-Stock Commercial Bank "Senagat" of Turkmenistan and Eni.

Turkmenistan has significantly increased the exports of natural gas to Russia and China. The Ministry of Construction and Architecture of Turkmenistan is looking for partners to implement the Ashgabat-City project. The Turkmen business and the SC “Turkmenhimiya” will jointly create the Open Joint Stock Company “Balkankhimprom”.

Link for downloading tenders.

For large business: Ministry of Construction and Architecture of Turkmenistan is looking for partners to implement the Ashgabat-City project as well has announced the tenders for the provision of consultancy and engineering-geological services.

The Ministry of Industry and Construction Production intends to create an additional line for the production of fittings at the State Enterprise.

The Ministry of Industry and Construction intends to create an additional line for the production of fittings with a capacity of 150 thousand tons per year at the State Enterprise "Turkmendemironumleri".

The SC “Turkmenhimiya” is looking for a contractor to conduct repairs and reconstruction work at “Tejenkarbamide” factory.

For small business: Joint-Stock Commercial Bank "Senagat" of Turkmenistan is looking for audit firm that will audit the financial statements of the institution compiled according to international standards.

Eni Turkmenistan Limited will purchase parts for a sludge pump and a wired lift.

Top business news from 20 to 26 December

Turkmenistan exported 21.91 million tons of pipeline gas worth $6.1 billion to China for January-November 2021, according to the data of the General Administration of Customs of the People's Republic of China. The country continues to rank the first place in the supply of natural gas to the Celestial Empire.

Comparing to 2020, Russia doubled its purchases of Turkmen gas in 2021. According to preliminary data, by the end of the year, the export of Turkmen blue fuel to the Russian Federation will amount to about 10 billion cubic meters. This was stated by Russian Ambassador to Turkmenistan Alexander Blokhin at a briefing for the Turkmen media.

The Ministry of Construction and Architecture of Turkmenistan intends to involve companies with extensive experience in the field of urban planning and consulting to the construction of the smart city of Ashgabat City. The relevant international tenders were announced on Saturday in the official Turkmen press and will last until February 9, 2022.

The Union of Industrialists and Entrepreneurs of Turkmenistan and SC “Turkmenhimiya” will establish Open Joint Stock Company “Balkanhimprom” on the basis of the iodine plant “Balkanabat”. The project provides for the reconstruction of the workshops of the iodine plant and the establishment of production of new chemical products for industrial and medical purposes.

Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan have extended the prohibition on commercial fishing of sturgeon species in the Caspian Sea for 2022. In 2022, the sturgeon species catching is planned to be carried out only for research purposes and for artificial reproduction.

The International Islamic Trade Finance Corporation (ITFC) has signed a three-year Framework Agreement for $150 million with the Government of Turkmenistan. The document covers bilateral cooperation in the areas of trade financing of imports of essential goods, support for agriculture and the textile industry, providing access to financing for the private sector.

In January-October 2021, Turkmenistan and Belarus increased trade turnover by 83.7% compared to the same period last year. Turkmen exports to Belarus increased by 38.9% in 10 months of the year. Turkmen goods were delivered for the worth of $5 million 835 thousand to the republic.

The manufacturer of hosiery products in Turkmenistan, IE "Batly Ghadam" and the sea transport company IS "Turkmen Deniz Khizmatlary" have successfully passed the international certification procedure according to the requirements of international ISO standards.

Economic Observer ORIENT
Eziz OVEZOV