Turkmenistan and ADB
In the Spotlight
The growth outlook for developing Asia and the Pacific remains steady, even though momentum slowed in the second half of 2014, but the declining oil prices represent a golden opportunity for many beneficial reforms, ADB says in a new report.
The four state gas companies of Turkmenistan, Afghanistan, Pakistan, and India have established a company that will build, own and operate the planned 1,800-kilometer natural gas pipeline.
The Key Indicators for Asia and the Pacific 2014 presents the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB. Download the statistical tables for Turkmenistan.
In Central Asia, six CAREC corridors link the region’s economic hubs to each other and connect the landlocked CAREC countries to other Eurasian and global markets.
Turkmenistan's location places the country in a prime position to facilitate interregional connections among the countries of Central Asia, South Caucasus, South Asia, and the Middle East.
ADB has been actively supporting Turkmenistan’s role in facilitating regional cooperation and strengthening regional energy security through projects aimed at enhanced energy exports from Turkmenistan to the Asian energy markets.
ADB will work with the government to promote regional economic cooperation. ADB's assistance will focus on infrastructure development in the transport and energy sectors, and in assisting the government’s full engagement in the Central Asia Regional Economic Cooperation program.