Turkmen Leader Meets Turkish Businessmen, Approves New Projects

June 29, 2011
Written by Admin TOA
Published in Businessman

Turkmen President Gurbanguly Berdimuhamedow on Wednesday met with a number of leading Turkish businessmen who have undertaken massive projects in the key Central Asian nation, approving the construction of three state buildings by Turkey’s Renaissance Holding.

Executives from Polimeks İnşaat, Engin Grup, Cotam Enterprises, Erku International Contracting and Construction, Lotus Energy and Norsel International LTD were all present at Wednesday’s meeting, which was held at the president’s Serdar residence.

The projects Berdimuhamedow approved during the meeting include the construction of administrative buildings for two ministries and Turkmenistan’s highway authority. Construction on the three buildings will start in July and they are expected to be finished in two years. Turkish businessmen told Berdimuhamedow at the meeting that they were ready to undertake much bigger projects. Turkmenistan is a significant country not only in Central Asia, but also worldwide for overseas Turkish investments and businesses.

Some 600 Turkish firms are currently operating in Turkmenistan. Just last year, Turkish companies won public tenders for $4.5 billion worth of projects in the country. The net worth of projects Turkish entrepreneurs have undertaken in the Central Asian nation since it became independent in 1991 tops $24 billion. Source: Today's Zaman, Cemil Yildiz

Last modified onSaturday, 06 May 2017 10:07

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