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Asian Development Bank and Turkmenistan: Fact Sheet

Publication | April 2019
Asian Development Bank and Turkmenistan: Fact Sheet

ADB’s country partnership strategy for Turkmenistan aims to help the country become a catalyst for regional cooperation and integration by diversifying its markets and repositioning itself as a trade and transit hub.

ADB began working with Turkmenistan in 2000, and has since been helping to diversify the country’s export markets and increase its regional connectivity. Given Turkmenistan’s vast energy resources and strategic location, ADB operations focus on enhancing the country’s transport and energy sectors, with infrastructure projects fostering regional cooperation. ADB has also provided expert advice to facilitate the long-term export of power to Afghanistan.

In November 2018, ADB approved the country operations business plan, 2019–2021 for Turkmenistan. The committed lending program amounts to $150 million, with another $690 million for prospective projects to develop Turkmenistan’s transport and transit potential, promote the exporting of energy, and advance private sector operations.

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Turkmenistan as well as concise information on ADB's operations in the country and contact information.