Ashgabat - International Investment Forum.

Ashgabat hosts the first International Investment Forum. The opening ceremony was held at the Mizan Business Centre on October 15 and closed on October 17.

The forum programme included 12 plenary sessions and 5 roundtables that provided a platform for discussing the topical investment issues in compliance with the priorities of Turkmenistan’s economic development. As is known, in the current conditions the successful investment policy is a key factor in the progress of any country. As the most flexible sector of economy, investment activity requires the specific approaches and balanced decisions, consideration of all the pros and cons whether it be investments in industrial and social infrastructure, engineering projects or scientific research. Investors must be sure of success of their undertakings, and therefore the representatives of the large companies from 42 countries around the world gratefully accepted the invitation from the forum organizers to get acquainted with Turkmenistan that experienced an economic boom nowadays.

Turkmenistan’s investment attractiveness was spotlighted in the competent experts’ reports. Emphasis was put on the atmosphere of the forum – businesslike and at the same time democratic.

In their reports the representatives of the world-renowned companies such as Exxon Mobil, BP (United Kingdom), Total (France), Goetzpartners, Deutche Bank (Germany), OMV (Austria), Islamic Development Bank, the European Bank for Reconstruction and Development, the Asian Development Bank presented their vision of the prospects for cooperation.

The meetings were conducted in parallel in five sectoral sections. The discussion focused on the issues of investments in the banking and financial sector, agricultural, pharmaceutical, power and textile industries, telecommunications and information technology, health care and alternative source of energy. The forum participants – potential investment partners learnt about the opportunities on Turkmen market and presented their proposals for cooperation.

10/22/2009