Turkmenistan attracted $11 billion in investments in 2024
18:00 19.03.2025 5777
Turkmenistan fulfilled the plan to attract foreign investment by 110% in 2024, having mastered $11 billion from all sources of financing. This was stated by Deputy Minister of Finance and Economy of Turkmenistan Perhat Yagshiyev at the International Forum “Investments in the Future of Turkmenistan” (IFT 2025), held on March 18 in Ashgabat.
According to the deputy minister, in 2024, Turkmenistan's economy demonstrated steady growth, with GDP growth of 6.3%. At the same time, the share of investments in the total economy reached 17.6%.
In 2025, the government of the country sets the task of increasing the volume of attracted investments to $11.5 billion. According to the data announced at the forum, most of the planned investments (65.6%) will be directed to production projects. At the same time, about 33% of all investments are planned to be developed through the private sector, and about 10% - through foreign investors.
Particular attention in the development strategy of Turkmenistan is paid to the private sector of the economy. It is expected that in 2025, the share of the non-state sector in the country's GDP (excluding the fuel and energy complex) will reach 71.6%.
To date, Turkmenistan has concluded 67 international agreements regulating investment activities, including 28 agreements on mutual promotion and protection of investments and 39 agreements on the avoidance of double taxation.
At the end of his speech, Yagshiyev invited the meeting participants to the Investment Forum of Turkmenistan, which is planned to be held in September this year in Ashgabat. Official invitations will be sent through diplomatic channels to all interested parties.
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation
On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.
Preparations are underway for the 8th meeting of the Turkmen-Romanian Working Commission on Cooperation in the Energy Sector
On March 27, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, the agenda of which included a number of issues of state life, TDH reports.
Turkmenistan declares March 31 a day off in connection with the holiday of Oraza Bayramy
The President of Turkmenistan Serdar Berdimuhamedov signed a Decree on the celebration of Oraza Bayramy on March 30, in connection with which the day off was moved to March 31. The corresponding document was published in the central media of our country.
The focus is on preserving national traditions and family values
An outreach meeting on the topic “We are proud to support our country in this regard” was recently held in the Central Building of the Oil and Gas Complex of Turkmenistan.
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan
Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.