Turkmenistan’s government says it expects more than 800 participants from dozens of countries to attend an investment conference in Ashgabat this week.
A diverse group of more than 100 speakers is expected to participate in the Turkmenistan Investment Forum on October 1–2, including Saudi Prince Mansour bin Mohammed Al Saud, Deputy Trade Minister Mahmut Gürcan of Turkey, and Economy Minister Gevorg Papoyan of Armenia.
The forum is being organized by Turkmenistan’s finance and foreign ministries, in partnership with Turkmen Congress, a company that organizes international forums and other events. It aims to highlight the country as a place of untapped economic potential, endowed with “the world’s fourth-largest natural gas reserves, a steadily diversifying economy, and major infrastructure modernization underway,” according to conference organizers.
Turkmenistan is seeking to expand its role as a transit point on the Middle Corridor, a trade network linking China and Central Asia to Europe via rail and marine infrastructure. Even so, foreign investors have long had concerns about tight government controls, opaque bureaucracy, and other challenges in the Central Asian country.
Delegates to the forum at the Yyldyz Hotel in Turkmenistan’s capital will discuss diversification of export routes for oil and gas, development of the Trans-Caspian Transit Corridor, public-private partnerships, agriculture, and the efficient use of natural resources.
Representatives from the World Bank, the Asian Development Bank, and other international institutions will participate.
