Turkmenistan and ADB
In the Spotlight
As a connecting link between Europe and East Asia, Central Asia is set to reap the benefits of burgeoning trade between the two economic giants.
The TAPI Steering Committee has unanimously endorsed State Concern “Turkmengas” as the consortium leader of TAPI Pipeline Company Limited to spearhead efforts to build, finance, own and operate the planned 1,600 kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) 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.
Since beginning its partnership with Turkmenistan in 2000, ADB has been supporting the country’s national development agenda reflected in the National Program of Socioeconomic Development 2011-2030 (NPSED). The main objectives of the NPSED are diversification of the economy beyond the hydrocarbons sector, development of the country’s transportation and transit potential, modernization of the economy through market-oriented reforms, and promotion of the private sector.
Given the country’s vast energy resources and strategic location, ADB operations focus on enhancements to the transport and energy sectors, with projects fostering regional cooperation.
Projects in Turkmenistan
No projects in this category were found.