photo: Trend
Turkmenistan has emerged as the leading destination for Turkish investments in Central Asia, hosting two major projects with a combined value of $1.1 billion, according to the data from the Eurasian Development Bank (EDB).
The largest share of Turkish capital is being channeled into the Turkmenistan-Afghanistan-Pakistan (TAP) power transmission line. Within Turkmenistan alone, total investment allocated to this project is estimated at $1.7 billion, underscoring its strategic importance for regional energy connectivity.
Power generation ranks as the second-largest sector for Turkish investments, accounting for 20.6% of total Turkish capital inflows into Central Asia, which currently stand at $3.8 billion. According to the EDB, investment volumes have risen by 46% since 2023 and have increased nearly fortyfold compared to 2016 levels. Notably, around 28% of all power-sector investments are directed toward the TAP transmission line project in Turkmenistan.
The figures highlight Turkmenistan’s growing role as a key hub for regional energy and infrastructure projects, as well as the deepening economic partnership between Ankara and Ashgabat.
Earlier, Turkmenistan and the UN Food and Agriculture Organization (FAO) also launched a regional initiative aimed at restoring land resources affected by climate change across Central Asia, reflecting the country’s expanding engagement in both energy and sustainability agendas.
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