Three ships for Turkmen fleet funded by IBRD and OPEC Foundation

January 15, 2022 | 19:22 |12509

Source:

Three naval vessels will be built for the Turkmen fleet through loans from the Islamic Development Bank and the OPEC International Development Fund. Deputy Prime Minister Serdar Berdymukhamedov reported on the financing of these projects at a meeting of the Cabinet of Ministers on Friday.

Approving the proposals, the President of Turkmenistan signed the documents, according to which Development and Foreign Economic Bank of Turkmenistan will conclude an agreement with the IBRD and the OPEC Fund to finance the construction of two Ro-Ro vessels (for freight and passenger shipments) and one ship. The agreements will also include the operation of these vessels after their commissioning.

ORIENT news

Three ships for Turkmen fleet funded by IBRD and OPEC Foundation

More news

Kristin Hawkins will head the U.S. diplomatic mission in Ashgabat on an interim basis

Iran appoints new Consul General in Mary

OSCE supports Turkmenistan in the implementation of the UNSC Resolution 1540 (2004) on non-proliferation of weapons of mass destruction