Today, the Turkmenistan Investment Forum (TIF 2024) began its work at the “Yyldyz” hotel in Ashgabat. It will become the most important international platform for attracting investments into the country’s economy. The event is organized by the Ministry of Finance and Economy, the Ministry of Foreign Affairs and the Chamber of Commerce and Industry of Turkmenistan, a Turkmenportal correspondent reports.

The forum is attended by Deputy Chairmen of the Cabinet of Ministers of Turkmenistan H. Geldimyradov and B. Atdayev, heads of ministries and departments of the country, heads of diplomatic missions of foreign states and international organizations accredited in Turkmenistan, as well as authoritative experts and representatives of leading national and international companies.

Over the course of two days, forum participants will discuss Turkmenistan’s rich resource potential. Leading state-owned companies will present opportunities for attracting foreign direct investment in various sectors of the economy, including the development of hydrocarbon resources in the Caspian Sea offshore blocks, the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, as well as new projects in the gas chemical, electric power, construction, textile, and transport and communications sectors.

The forum programme includes parallel thematic sessions with the participation of representatives of UN specialized agencies and S&P Global Commodity Insights experts, as well as round tables with the participation of the World Trade Organization Secretariat and international institutions.

At the beginning of the event, participants listened to a video address by the President of Turkmenistan Serdar Berdimuhamedov. The topic of the plenary session of the forum is “Economic Development and Investment Potential of Turkmenistan”. Speakers include representatives of the UN, the World Bank, the Eastern Committee of German Economy, PETRONAS, Nippon Export and Investment Insurance and other organizations.

The Investment Forum of Turkmenistan will conclude its work on September 11.