China’s Shaanxi Yulin Energy Group has expressed readiness to invest in the development of logistics hubs in Turkmenistan, signaling expanding interest in infrastructure and industrial cooperation.
The initiative was presented by Chairman Gao Sizijun at a Turkmen-Chinese business forum in Ashgabat, according to News Central Asia.
The company is also considering investments in chemical distribution centers and renewable energy facilities, identifying these areas as promising for bilateral cooperation.
Shaanxi Yulin Energy Group also showed interest in importing Turkmen natural gas and chemical feedstock, offering in return supplies of environmentally cleaner coal, anthracite and fine chemical products, including polyoxymethylene.
Key areas of cooperation include coal deep-processing projects, as well as the production of methanol, olefins and engineering plastics. The company is also exploring the establishment of magnesium alloy and lightweight automotive component manufacturing in Turkmenistan.
A separate focus was placed on green energy, particularly hydrogen technologies, energy storage systems and hybrid wind-solar power plants.
The Turkmen side was invited to participate in projects based in the company’s industrial parks in Shaanxi Province. Gao also invited Turkmen partners to visit Yulin for further discussions on cooperation.
