Turkmenistan, Germany intend to implement high-tech projects

President of Turkmenistan Gurbanguly Berdimuhamedov stressed the progressive development of the cooperation between Ashgabat and Germany, the country holding leading positions in the economic and technological potential in Europe, the government of Turkmenistan said.

A report on the results of the business visit of Ashgabat’s governmental delegation to Berlin was heard at the recent meeting of the Cabinet of Ministers of Turkmenistan.

The prospects of cooperation between the two countries, including the trade-economic, oil and gas, energy, transit and transport and other areas were discussed as part of the business forum.

The special attention was paid to the opportunities of the sides’ implementing the high-tech joint projects in various areas, the statement said.

"The members of the Turkmen delegation held several successful negotiations with the heads of state and financial organizations, firms and companies of Germany,” the statement said. “The priority areas for further partnership were specified during these negotiations.”

The trade turnover between Turkmenistan and Germany has increased by 11 percent in recent years. Over 60 business entities with German share have opened their branches and representative offices in Turkmenistan. The two sides implemented over 140 joint projects as of 2014.

Turkmenistan is interested in attracting big capital and advanced technologies of Germany. The sides regularly hold joint business forums with participation of representatives of the companies specializing in trade, energy, chemical industry, banking, transport, communications, construction, industry and agricultural sector.

RWE, Bosch, KNAUF International, STRABAG AG, CLAAS Global Sales GmbH, Siemens AG Healthcare Sector, Goetzpartners Management Consultans GmbH and others are among such companies.

Turkmenistan’s government has established cooperation with German RWE. The sides signed a production sharing agreement in 2009, on the development of offshore fields in the Turkmen sector of the Caspian Sea.

/By Trend/