OREANDA-NEWS. August 18, 2009. This autumn a number of the remarkable events will take place in Turkmenistan. These include the International Investment Forum – the first one in the history of the country, which will be held in Ashgabat on October 15-17 according to the Resolution of the President of Turkmenistan, reported the Official website turkmenistan.gov.tm.

For three days the Turkmen capital will turn into the world business centre and the Exhibition Centre in Ashgabat – into an open platform for business meetings and talks on the aspects of economic cooperation in such strategic field as investments. The organizer of the forum is the Chamber of Industry and Commerce of Turkmenistan with the assistance of the Cabinet of Ministers. The heads of the large foreign companies, exchanges, commercial banks and international rating agencies are expected to take part in the forum.

According to foreign partners the open door policy pursued by President Gurbanguly Berdimuhamedov and the most-favored nation treatment created in the country for foreign investors are the weighty argument for establishing long-term business contacts with Turkmenistan. The profound potential and attractiveness of the Turkmen market are conditioned by social and political stability reigning in the country, strong raw material and resource base and reliable legal framework that guarantees the effectiveness and reliability of investments. Highlighting the record high economic growth the IMF experts forecasted the further consistent progress of the Turkmen state and enhancement of its ranking as the country most attractive for foreign investments. Thus, the report approved at the meeting of the IMF Executive Board vividly evidences the correctness of the path chosen by Turkmenistan that ensured the leading ranking among the dynamically developing countries of the world for it.

As is known, the successful investment policy is a key factor of the progress of any country today. The participants of the Ashgabat forum will receive the comprehensive information on Turkmenistan’s economic potential and its imposing ‘investment portfolio’ including the projects, which have been and to be launched, and identify the priority fields for investments. The forum programme includes two parallel flows – plenary and interactive sessions and roundtables.

The topics of the sessions include the strategies of development and investment potential of oil and gas and chemical industries of Turkmenistan that has enhanced its status as of one of the world’s energy producers. The prospects for investments of the projects covering the whole spectrum of fields are put on the roundtable agendas. These include real estate, construction, social, civil engineering and transport infrastructure. Textile and medical industries, banking sector, agro-industry, power industry, in particular the use of the alternative energy sources, telecommunications and advanced information technologies are the promising fields of cooperation. The presentation of Avaza national tourism zone – the grandiose investment project initiated by President Gurbanguly Berdimuhamedov that became the point of reference of a landmark approach to employing the profound natural and economic potential of the country through a strong influx of foreign investments in tourism and recreation industry in particular, will be made in the framework of the forum.

Thus, the forum agenda is aimed at creating the atmosphere of a constructive dialogue and wide exchange of experiences, and eventually achieving a concrete result. The three-day forum will be an opportunity for potential foreign partners to receive the comprehensive information about the Turkmen market and present their proposals on cooperation. The exhibition of Turkmenistan’s economic achievements, which will be opened on the closing day to mark the 18th anniversary of Turkmenistan independence, will promote this cooperation.