At the International Forum on Attracting Foreign Investments into the Economy of Turkmenistan (TEIF 2025), Chimcomplex Chairman Stefan Vuza presented an ambitious investment plan for the country's chemical industry.

According to the announced plans, Chimcomplex proposes to create a joint venture with the state concern "Turkmenhimiya" - the Turkmen-Romanian Chemical Company (C.T.R.C.). The project includes the construction of four large production complexes: a chlorine oxide plant with a capacity of 100 000 tons, a polyol plant with a capacity of 40 000 tons, a PVC production plant with a capacity of 140 000 tons, and a complex for the production of special chemicals.

"Turkmenistan is an ideal location for investment due to its extensive reserves of natural gas and salt, which ensures competitive prices for raw materials," Vuza emphasized in his speech.

The project pays special attention to the energy independence of production facilities: it is planned to build two cogeneration units with a capacity of 7,5 and 15 MW to provide enterprises with electricity and steam.

According to the management of Chimcomplex, the investment attractiveness of Turkmenistan is determined by several key factors: favorable economic policy for foreign investors, including tax incentives and simplified regulatory processes, the strategic geographic location of the country and developed infrastructure.

An important aspect is also financial support from European institutions, such as the European Bank for Reconstruction and Development (EBRD), which significantly reduces financial risks for investors.

Experts note that the implementation of this project will contribute to the diversification of Turkmenistan’s economy, reducing dependence on imported chemical products and creating products with high added value based on local raw materials.

In conclusion of his speech, Stefan Vuza called on other foreign investors to pay attention to the prospects of Turkmenistan:

"By investing in Turkmenistan, we can collectively contribute to the economic development and prosperity of our countries."