MFA: Political stability is the foundation of Turkmenistan's investment attractiveness
AVAZA, September 18 | ORIENT. Akhmet Gurbanov, Deputy Minister of Foreign Affairs of Turkmenistan, delivered a speech at the plenary session of the Investment Forum in Avaza. In his address, he outlined the key factors that make the country a reliable partner for international business, emphasizing that Turkmenistan's investment attractiveness is directly linked to its development strategy and foreign policy.
Strategic Vision and Sustainable Programs
Akhmet Gurbanov noted that the development of a modern investment environment in Turkmenistan is the result of consistent policies aimed at modernizing the economy, developing the private sector, and enhancing competitiveness. He emphasized that the adopted national programs for the period up to 2052 are aimed at diversifying the economy, developing the transport and logistics system, and transitioning to digital technologies. Particular attention is paid to developing a "green economy" and expanding renewable energy potential.
Reliability and Predictability
The Deputy Minister emphasized that, amid profound changes in the global economy, Turkmenistan has proven itself to be a reliable and responsible partner. Political stability, based on neutrality and good neighborliness, guarantees long-term cooperation for foreign partners and serves as a vital foundation for the implementation of investment projects.
Key Areas for Investment
Akhmet Gurbanov discussed promising economic sectors in detail:
• Energy: Turkmenistan, as one of the world's leaders in natural gas reserves, is promoting projects of global significance, including the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline.
• Transport: The development of international transit corridors is turning the country into a key link between East and West, as well as North and South.
• Agro-industrial complex: New technologies are being actively implemented to expand the export of environmentally friendly products.
• Innovation: Digital transformation, the implementation of e-governance, and the creation of a favorable environment for innovation are priorities.
The Deputy Foreign Minister also noted that special attention is being paid to the development of renewable and hydrogen energy, which opens up new opportunities for cooperation with international partners.
Legal Guarantees and Regional Significance
The speaker emphasized that investment attractiveness is ensured by a robust legal framework. Turkmenistan has signed a number of international investment protection agreements and guarantees legal security to foreign investors.
In conclusion, Akhmet Gurbanov stated that investments in Turkmenistan extend beyond the national level and are essential for the sustainability and prosperity of the entire region, making the country a reliable partner for long-term cooperation.
