Turkmenistan, Germany to deepen economic relations
Expansion of the economic relations between Turkmenistan and Germany will be in focus of the upcoming forum to be held as part of the German Economy Day in Turkmenistan on October 2, Turkmen media reported.
The forum will be attended by the representatives of state and business structures of the two countries.
Around 90 German companies, specialized in the sphere of trade, agriculture, food industry, education, health care and pharmaceuticals, oil and gas sphere, energy, engineering, production of equipment and construction materials, the road transport and the banking sector are expected to participate in the event.
Mannesman, Claas, MAN, Bosch, Bentek, Siemens, Unionmatex GmbH and other companies have gained a reputation in Turkmenistan. Other companies such as Thyssen Krupp, Airbus, Cifal, Knauf, Goetzpartners, Inhar, Textina, Bauer Comp Holding AG, Lemken GmbH have also showed interest in the Turkmen market.
German companies used loans from the leading German banks in the oil and gas sphere for the implementation of large projects in Turkmenistan. They implemented projects for the construction of plants for the production of lubricating oils and paraffin, facilities for purifying diesel fuel from the water at the oil refinery in Turkmenbashi, the construction of a gas compressor station in Korpeje.