Business overview: 17 tenders, transport initiatives and supplementary agreements with CNPC
Last week, 17 tenders were announced in Turkmenistan from the Ministry of Agriculture, the Ministry of Health, SC “Turkmennebit”, SC “Turkmenhimiya”, State Service “Turkmenstandardlary”, TKNPZ, State Bank for Foreign Economic Affairs of Turkmenistan, SCBT “Turkmenistan” and JSCBT “Turkmenbashy”, JSCBT “Halkbank”, SCBT “Dayhanbank”, Turkmen-Turkish Joint-Stock Commercial Bank, Hazar Consortium and Tatneft.
From today's review, you will learn about Turkmenistan's new transport initiatives, the feature of the Country's New 30-year Development Program, signing of supplementary agreements with CNPC and training Turkmen farmers by specialists of John Deere Company.
For large business: Turkmenbashy Oil Processing Complex extended the tender for the development of tender proposals for the construction of a hydrogen production unit.
Last week, six banks of Turkmenistan announced about the searching for a contractor to conduct an audit of financial reporting for 2021.
For small business: “Hazar” Consortium intends to purchase five Toyota Hilux Cars and two Toyota Coaster Euro-5 buses.
The Ministry of Agriculture intends to purchase large batch of veterinary medical supplies.
Branch of "Tatneft" Company in Turkmenistan is looking for a contractor for the organization of catering services and employees for 2022-2023.
Top business news from January 24th to 30th
President of Turkmenistan Gurbanguly Berdimuhamedov offered to include the port of Turkmenbashy in the structure of the International North-South Transport Corridor, speaking at the CA-India summit last Thursday. He noted that the territory of Turkmenistan provides the shortest route to the Central Asian states to the Persian Gulf and further to the Indian ports.
Turkmenistan considers China and the Central Asian countries as its key partners and associates in the effective implementation of the new conception - "Dialogue is a guarantee of peace," - President of Turkmenistan Gurbanguly Berdimuhamedov noted, speaking at the Virtual Summit of China-Central Asia Dialogue Leaders last Tuesday.
The Ministry of Finance and Economy of Turkmenistan has prepared a national program project of socio-economic development of the country for 2022-2052. The program provides for structural transformations in the economy, attracting foreign investment, establishing new oil and gas industries, etc.
The SC "Turkmengas" and SC "Turkmengeology" will receive loans for 234.5 million manats for projects on exploration and development of new oil and gas fields.
The SC "Turkmengas" and CNPC Chuanqing Drilling Engineering Co Ltd will sign additional financing agreements to the previous service contracts. They will cover more than $106.2 million worth of work. The return on investment will be made at the expense of fuel supplies.
Afghanistan has signed an agreement with Turkmenistan to expand the electricity supply of the Nur al-Jihad substation from 110 kV to 220 kV. The project will be implemented by Calik Enerji Company.
The American Company John Deere will train Turkmen farmers to operate the latest models of agricultural machinery to increase the efficiency of its use. The corresponding Memorandum of Understanding with the Ministry of Finance and Economy of Turkmenistan was signed on January 27.
Turkmenistan has firmly secured the title of the leader in the export of tomatoes to Tajikistan, despite the fact that it began to supply these products to the neighboring country only in 2020.
Economic Observer ORIENT
Eziz OVEZOV
