NEWS BRIEFS
5/22/09
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Ashgabat and Ankara have pledged to increase economic cooperation. The announcement came at the end of a visit by Turkish Energy Minister Taner Yildiz to Ashgabat during which he met President Gurbanguly Berdymukhamedov and a series of ministers, news agencies report on May 22.
Investors were also invited to participate in Turkmenistan’s flagship tourism project, the billion-dollar Avaza resort on the Caspian coast near Turkmenbashy. Turkmen authorities also solicited investment for the country’s two main economic sectors -- energy and textiles.
Turkish companies have long maintained a presence in Turkmenistan. Polimeks, a construction giant, recently won contracts worth $1 billion for projects in Ashgabat. Polimeks is also building the airport at Avaza. Turkmen news reports say it will be operational in October.
Posted May 22, 2009 © Eurasianet
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