Turkmenistan’s economy demonstrated GDP growth of more than 6.3% by the end of 2024, thanks to the implementation of comprehensive development programs. Foreign trade turnover reached nearly $20 billion, with exports amounting to $12.7 billion. A particularly important indicator is the positive trade balance of $4.4 billion.
These figures were presented by Rahimberdy Jepbarov, Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan, at the international forum on attracting foreign investment (TEIF 2025) taking place in the capital of Malaysia, according to Turkmenportal.com.
“Today, our country is demonstrating its readiness to establish long-term, mutually beneficial, and productive cooperation with all interested parties,” stated Jepbarov. “The macroeconomic situation in Turkmenistan remains stably resilient,” he added.
Jepbarov emphasized that Turkmenistan has developed a strong legal framework, including guarantees for the protection of foreign investments, which continues to improve. Key advantages for investors include the country's abundant natural resources, strategic geographic location, and developing transport infrastructure.
He also noted the government’s responsible approach to attracting external financing. “We are ready to cooperate on a mutually beneficial basis with interested parties in the investment sphere,” he concluded.
The TEIF 2025 forum is being held on April 23–24 in Kuala Lumpur, Malaysia. The forum is organized by the state concerns Turkmengaz, Turkmennebit, and the Chamber of Commerce and Industry of Turkmenistan in partnership with the company Turkmen Energy Forum. The event is attended by 470 delegates from 42 countries.
CentralasianLIGHT.org
April 23, 2025