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Turkmenistan

01.11.2016

Turkmenistan continues construction of the first stage of the Asian international transport corridor at the section between the settlements Atamyrat – Imamnazar (in the Turkmen territory), and to Akina (Afghanistan). According to the Turkmen State News Agency, to date the completion traveling grates have already been laid in this section. The total length of this section of the pipeline “Turkmenistan – Afghanistan – Tajikistan” is 88 kilometers, of which 85 kilometers are in the territory of Turkmenistan.

19.10.2016

On October 15, the Parliament of Turkmenistan adopted a resolution “On appointment of the date of the presidential elections.” In accordance with this document, the next presidential election will take place on February 12, 2017. According to the State Information Agency, the campaign will for the first time be participated by candidates from three parties. In addition to the Democratic Party of Turkmenistan, it will include the Agrarian Party and the Party of Industrialists and Entrepreneurs.

 

16.10.2016

The Islamic Development Bank will provide Turkmenistan with credit facilities in the amount of $700 million, which will be used to finance construction of the Turkmen section of the major gas pipeline “TAPI” (Turkmenistan – Afghanistan – Pakistan – India). As reported by the local media on October 13, the relevant agreement was signed during the autumn session of the World Bank and the International Monetary Fund, which was held in Washington.

12.10.2016

In early November 2016, Turkmenistan and Afghanistan intend to start operation of the railway “Atamyrat – Imamnazar – Akin,” which is to become an integral part of the railway transport corridor “Turkmenistan – Afghanistan – Tajikistan.” According to the Turkmen media, at the same time the customs point “Imamnazar” will put into operation a terminal specialized in reception, storage and shipping of oil products with an annual throughput capacity of 540,000 tons.

 

03.10.2016

In Turkmenistan, the commissioning of the Garlyk Mining and Processing Plant is jeopardized. Originally, the plant was scheduled to be put into operation in March 2017. At the meeting with the Turkmen ambassador in Belarus, Chairman of the Board of the Republic Mikhail Myasnikovich explained that Ashgabat would need to take urgent and immediate measures in order to successfully complete construction of this facility. Worth recalling, the Belarusian company “Belgorkhimprom” obtained the contract for designing and constructing the plant back in 2010.

02.10.2016

Recently, the capital of Turkmenistan hosted a meeting of the Central Commission for Elections and Referendums. Its participants discussed the problems related to the upcoming presidential election. As reported by the local media on September 30, the meeting was participated by observers from the following political parties: the Party of Industrialists and Entrepreneurs, the Democratic Party, and the Agrarian Party. In addition, the meeting was also attended by representatives of public associations, organizations and the media.

 

01.10.2016

On September 26-27, Tashkent hosted a regular meeting of the joint Uzbek-Turkmen commission on scientific and technical, social, economic and cultural cooperation. The participants discussed issues related to further development of mutually beneficial partnership between the two neighboring Central Asian countries. The agenda of the negotiations included various aspects of economic and trade relations, the parties' cooperation in the energy sector, transport sector, agriculture and water management, chemical industry and mechanical engineering.

30.09.2016

In accordance with the previously signed contracts, the financial and industrial company “Altcom” (Ukraine) is engaged in construction of a number of transport infrastructure facilities in the territory of Turkmenistan. However, currently it is tearing the deadlines for commissioning of a new terminal in the Turmenabat airport. As reported by a number of sources, the reason for this is the very dire financial situation the company is in. In turn, it is caused by the current economic situation in Ukraine.

28.09.2016

In Turkmenistan, there has begun a layoff of employees of the Ministry of Railway Transport. In total, the structure will lay off about 30 percent of the total staff number by the end of 2016. As reported by several local media, the layoff will mostly touch upon the employees of engineering and technical services and conductors of passenger trains. In addition, for the past three months, the staff of the railway industry, as well as representatives of other state-owned enterprises have received no wages.

 

26.09.2016

The Asian Development Bank aims to continue financial support of the projects implemented in various spheres of economy of Turkmenistan. This statement was made by president of this financial institution Takehiko Nakao during his Ashgabat-based meeting with Turkmen President Gurbanguly Berdimuhamedov. He also made a special emphasis on the relevance of the proposals aimed at ensuring energy security and creation of new transit corridors.