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ECO TIMES about Turkmenistan and its new investment policy


The special issue of ECO TIMES Journal published by the ECO Cultural Institute that is affiliated with ECO and aims at fostering understanding and the preservation of the rich cultural heritage of its members through common projects in the field of the media, literature, art, philosophy, sport and education. in the framework of the large regional organisation – the Economic Cooperation Organisation dedicated to various aspects of the life in Turkmenistan and the important investment projects in the fuel and energy sector, tourism industry and other sectors of Turkmen economy. 
The particles focus on the open door policy and the favorable investment climate created for foreign companies. The leading articles provide the illustrative examples of mutually advantageous and large-scale cooperation include successful implementation of the projects on development of the first national tourism zone – Avaza on the Turkmen coast of the Caspian Sea. The article says that the ceremony of putting the first facilities of tourism infrastructure into operation this July and the presentations of the new projects vividly showed profound interest of the leading foreign companies in collaborating in implementation of the grandiose plans to turn Avaza in one of the international centres of tourism and recreation.
The issue contains the thorough comments on Turkmenistan’s new energy policy aimed at diversifying cooperation on transit of energy.

Another article provides the concrete facts of dynamic development of Turkmenistan’s fuel and energy sector. The article tells about the activities of the foreign companies to extract and produce oil and gas in the territory of the country and the projects aimed at opening up new opportunities to transit energy from Turkmenistan and the Caspian region in whole to Europe and the countries of Southeast Asia.

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