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Turkmenistan proposes Japan to participate in TAPI’s construction

9 July 2016 11:50 (UTC+04:00)
Turkmenistan proposes Japan to participate in TAPI’s construction

Turkmenistan’s President Gurbanguly Berdimuhamedov has proposed the Japanese businessmen to consider the possibility of participation in the implementation of large-scale projects for developing the industrial sector of the country’s economy, as well as in the construction of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, said the message from Turkmen government.

The proposal was put forward during the meeting with representatives of Japan’s Mitsui Engineering & Shipbuilding and Sojitz Corporation, Shinsuke Nippo and Toshihiro Yoshimura.

During the meeting, the businessmen expressed readiness of their companies for diversification of the business partnership.

The groundbreaking ceremony for TAPI's Turkmen section was held in mid-December 2015.

TAPI Pipeline Company Limited has been created for constructing and commissioning the pipeline. It is comprised of gas companies of the participating countries. Negotiations continue with other potential participants.

Earlier, representatives of the Asian Development Bank, the European Bank for Reconstruction and Development, the Islamic Development Bank and the Saudi Fund for Development expressed interest in participation in the TAPI project’s implementation.


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