The prospects for the transfer by Turkmenistan to trust management of the terminals of the seaport of Turkmenbashi on the Caspian Sea were discussed during an online meeting between representatives of the agency and the international company KPMG Tax and Advisory LLC. This is stated on the official website of the Agency for Maritime and River Transport of Turkmenistan, reports the portal Ritmeurasia.org.
Trust management is a method in which the owner of assets transfers them to a trustee - an investor or other trustee on the basis of a concluded agreement. In legal practice, with this type of management, the ownership right remains with the owner of the assets, and the trustee manages them only in his interests.
One of the goals of the proposed measure is to attract foreign and domestic investments to the economy of Turkmenistan. Representatives of KPMG expressed interest in cooperation in expanding the services and capabilities of the Turkmenbashi International Seaport.
KPMG is a global brand under which an international network of firms providing audit, tax and advisory services operates. The company's offices are located today in 147 countries of the world, where 219 thousand employees work. The task of KPMG is to analyze the situation on the market, develop a strategy and approaches to doing business.
CentralasianLIGHT.org
April 3, 2023