Business overview: 15 tenders, the election of the President of Turkmenistan and the construction of a joint venture with Kazakhstan
Last week, fifteen tenders were announced by the Ministry of Industry, Ministry of Construction and Architecture, SC “Turkmengas”, SC “Turkmennebit”, Hazar Consortium, CNPC and Eni Companies in Turkmenistan.
From today’s review, you will also learn about the newline’s election campaign in Turkmenistan, plans to build a joint venture with Kazakhstan on the Turkmen-Afghan border, and the volume of Turkmen exports to the European Union.
For big businesses: The Ministry of Industry of Turkmenistan has extended the tender for the construction of a calcite production workshop.
SC “Turkmengas” is looking for a contractor to carry out the commissioning and commissioning of a gas pumping unit at Bagtyyarlyk compressor stations.
Also, SC “Turkmengas” is looking for a contractor to develop and implement software and equipment for an automated gas monitoring and metering system in the new administrative centre of the Akhal region.
Ministry of Construction and Architecture has announced a tender for the design and construction of a multidisciplinary cultural Center for 4,000 seats in Ashgabat.
For small businesses: Eni needs essential pipe inspection and repair services.
The Hazar Consortium will purchase an extension cable of the UKN36 -230-13-25/0 type.
CNPC will purchase a corrosion inhibitor.
Top business news from 14 to 20 February
Last week, the election campaign for early presidential elections was launched in Turkmenistan. To date, the CEC has registered four candidates for the Highest State Post:
– Vice-Prime Minister Serdar Berdimuhamedov from the Democratic Party;
– Deputy Head of the Mary region Agadzhan Bekmyradov from the Agrarian Party;
– Сhief Medical Officer of the Sanatorium "Avaza" Berdymammet Gurbanov from
the initiative group of citizens;
– Director of the Financial and Economic Secondary Specialized School of the Lebap region Perkhat Begenzhov from the initiative group of citizens.
Pre-term Elections of the President of Turkmenistan are scheduled to be held on March 12, 2022.
It is planned to build a processing industrial complex on the Turkmen-Afghan border. Last week, the proposal to build the facility was received from the government delegation of Kazakhstan during a visit to Ashgabat.
The American Rating Agency Fitch Ratings has confirmed the Long-term Issuer Default Rating (IDR) of Turkmenistan in foreign currency at the level of "B+" with a "Stable" outlook.
Being a key partner of Turkmenistan in the oil and gas sector, China increased natural gas imports to 121.356 million tons in 2021, which is 19.9% more than in 2020. Experts predict a continued increase in purchases of natural gas by China in the coming years.
Turkmenistan has established new competitive tariffs for container transportation on the China-Kazakhstan-Turkmenistan-Iran railway route.
The Government of Turkmenistan plans to radically modernize the work of the Turkmenbashy and Seydi Oil Refineries. The plans also provide for the selection for the construction of new installations to produce high-demand products on the world market.
The value of exports of oil and petroleum products from Turkmenistan to Georgia by the end of 2021 amounted to $191.8 million, which is 186.2% more than in 2020.
From January to October 2021, Turkmen products worth 440 million Euros were exported to the European Union countries, which is 63% more than in January-October 2020.
The potato sowing has started in the Lebap region of Turkmenistan. This year, 2,300 hectares of land have been allocated for this crop in the region.
Economic Observer ORIENT
Eziz OVEZOV
