ADB's Work in Turkmenistan
Shareholding and Voting Power
Number of shares held:
26,874 (0.253% of total shares)
65,988 (0.496% of total membership, 0.762% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
The Asian Development Bank (ADB) began working with Turkmenistan in 2000 and has since been helping diversify exports and increase regional connectivity to capitalize on the country’s vast energy resources and strategic location.
Endorsed by the Government of Turkmenistan in January 2020, ADB’s country operations business plan, 2020–2022 outlines a firm lending program worth $150 million, alongside $690 million in standby projects. These investments are intended to contribute to increased power and gas exports, better roads and transport infrastructure, and improved access to finance for export-oriented small and medium-sized enterprises.
Since 2010, Turkmenistan has also benefited from regional technical assistance projects under the Central Asia Regional Economic Cooperation (CAREC) Program.
Since 2000, ADB has committed $625 million for two loans and $7.99 million in technical assistance grants for Turkmenistan.
Ashgabat is the capital and largest city of Turkmenistan. At night, the city is illuminated in various colors.