Turkmenistan and ADB
In the Spotlight
President Takehiko Nakao met with the President of Turkmenistan, Gurbanguly Berdimuhamedov, to discuss the country’s development priorities and reiterate support for the government’s efforts to diversify the economy.
Supporting financial institutions is important as countries in Central Asia and the Caucasus work to reform and modernize their economies, says ADB's Nana Khurodze.
Get the latest statistical data on poverty and socioeconomic development in Turkmenistan and compare poverty indicators among countries in Central and West Asia.
The shareholders of the TAPI Pipeline Company Limited (TPCL) signed an Investment Agreement in a ceremony witnessed by petroleum ministers and senior government officials of Turkmenistan, Afghanistan, Pakistan and India, and senior ADB officials. The agreement will pave the way for long-term gas sales that will allow Turkmenistan to diversify its gas export markets and support growth.
ADB began working with Turkmenistan in 2000 and has since been helping to diversify the country’s economic base and increase its share of regional trade.
Given Turkmenistan’s vast energy resources and strategic location, ADB operations focus on enhancements to the country’s transport and energy sectors, with infrastructure projects fostering regional cooperation. ADB has also provided expert advice through a technical assistance grant to facilitate the long-term exporting of power to Afghanistan.
Projects in Turkmenistan
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Internet users in Turkmenistan, per 100 population (2014)
Population in Turkmenistan, in millions (2015)
Maternal mortality ratio in Turkmenistan, per 100,000 live births (2015)
Average annual population growth rate in Turkmenistan (2010-2015)