Turkmenistan Plans to Implement Large Projects With Leading Japanese Companies

BUSINESS TURKMENISTAN
Turkmenistan Plans to Implement Large Projects With Leading Japanese Companies
As of October 1, Japanese companies are implementing 37 projects worth $12 billion in Turkmenistan.

President of Turkmenistan Gurbanguly Berdimuhamedov met with the leaders of major Japanese companies at a Thursday working breakfast, Turkmen Foreign Ministry said in a press release.

Leaders of ITOCHU, Sojitz, Mitsubishi, Kawasaki Heavy Industries, and of many other leading Japanese corporations, as well as Turkmen delegation consisting of some members of the government, heads of some ministries and departments, and representatives of the Union of Industrialists and Entrepreneurs attended the meeting at the Chinzanso Tokyo Hotel.

In his welcoming speech. the Head of State noted the successful experience in implementing various projects in Turkmenistan with the participation of Japanese companies and the ongoing preparation of new joint projects in the field of industrial and technological infrastructure development.

The participants of the meeting discussed the possibility of establishing direct ties between entrepreneurs of the two countries, particularly, in the field of organizing and managing a business, creating highly profitable industries, and training highly qualified personnel with actively drawing on the experience of the largest companies in Japan.

During the business breakfast, the officials exchanged views on the prospects and ways of intensifying long-term partnerships in the fuel and energy sector, trade and economic sphere, chemical industry, transport, agriculture and water recourses and other equally important areas of joint application interests.

As of October 1, Japanese companies are carrying out 37 projects worth $12 billion in Turkmenistan.