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Investment potential of Turkmenistan presented at forum in Brussels

11:3319.03.2025
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The Embassy of Turkmenistan in Belgium took part in the Team Belgium Global Gateway round table, which was held at the Egmont Palace in Brussels.

The event provided a platform for government representatives, business and experts to discuss investments and partnerships in Central Asia, including the Trans-Caspian Transport Corridor (TCTC).The round table was organised by the Belgian Ministry of Foreign Affairs together with leading economic agencies. Among the registered participants were leading Belgian companies: Jan De Nul, DEME, Port of Antwerp-Bruges, Sarens and Elia Grid International, who explored the possibilities of future partnership in the field of large-scale infrastructure and logistics projects.

In his speech, the Counselor of the Embassy of Turkmenistan emphasized the dynamic development of the country's economy, its strategic position and friendly investment environment.

Turkmenistan aims to expand cooperation with Belgium and the EU in the areas of trade, logistics and industry.

It was noted that the International Sea Port of Turkmenbashi, which handles more than 17 million tons of cargo per year, is becoming a key hub of Eurasian trade. The development of a 5,000 km railway network, the modernization of terminals and the introduction of digital technologies open up opportunities for Belgian companies.

In the energy sector, the Turkmen diplomat highlighted the strategic importance of the Trans-Caspian Gas Pipeline, which has enormous potential for the energy security of the European Union, as well as the East-West gas pipeline, which is a key link in Turkmenistan's national gas transportation infrastructure. It was emphasized that the country is also actively developing "green" energy.

During the meeting, investment prospects in the construction and industrial sectors of Turkmenistan were also discussed. In particular, the attention of Belgian companies was drawn to the expansion of high-tech industrial zones, the creation of modern enterprises for the processing of minerals and the introduction of sustainable methods of conducting mining activities.The construction of the 600 km long Ashgabat-Turkmenabat expressway, aimed at increasing regional transport connectivity and improving the efficiency of freight transportation, was noted as a landmark infrastructure project.

One of the central points of the speech was the issue of development of the healthcare system and pharmaceutical industry in Turkmenistan. In particular, the attention of the forum participants was drawn to the creation of an advanced medical cluster in the city of Arkadag, which will be an important step in ensuring the country's self-sufficiency in the production of medicines and medical equipment.The Turkmen side invited Belgian manufacturers of medical equipment, investors in the healthcare sector and pharmaceutical companies to expand cooperation in this strategically important area.

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