Turkmenistan sees Germany as one of its leading partners, Turkmen President Gurbanguly Berdimuhamedov said in his message to participants of the Turkmen-German business forum.
“German companies are among those first, which entered the promising Turkmen market and had been effectively working in various areas for many years that proved the existence of favorable investment climate in the country”, Berdimuhamedov said.
As of today, Turkmenistan’s private sector enterprises with German capital operate in refining industry, construction, trade, services sector, as well as in education and engineering.
German companies make huge contribution to the implementation of Turkmenistan’s long-term projects. Such companies as Siemens, Daimler, Claas, Rohde & Schwarz, Dresser-Rand are among those.
Moreover, 167 investment projects and contracts with participation of German capital in a total amount of $540 million and about 555 million euros are registered in Turkmenistan.
Trade turnover between Turkmenistan and Germany amounted to $306 million in 2015. (Trend/Business World Magazine)