Economic situation in Turkmenistan, its investment potential, reforms aimed at industrial and innovative development of the country, implementation of achievements of science, technics and latest technologies, transfer to digital economy have been introduced to business community of Singapore at bilateral business forum in this country.

Turkmen – Singapore business forum, which was timed to the visit of President Gurbanguly Berdimuhamedov to this country, started working in Singapore.

Turkmen – Singapore business forum is to be held in Singapore under the state visit of President Gurbanguly Berdimuhamedov to the Republic of Singapore.

It was noted during Turkmen – Singapore business forum that availability of rich natural resources, favourable geographic location as well as foreign economic open door policy provide investment attractiveness of Turkmenistan.

During discussion of opportunities of joint projects in textile industry under Turkmen – Singapore business forum, the focus was made in significant export and investment potential of this industrial section.

Opportunities of activation of partnership between the Union of Industrialists and Entrepreneurs of our country and Singapore companies were discussed during business forum timed to the state visit of Turkmen leader to Singapore.

Bilateral documents signing ceremony was held during Turkmen – Singapore business forum.

Cooperation in oil and gas industry of our country was one of the main subjects of Turkmen – Singapore business forum. It was mentioned that President Gurbanguly Berdimuhamedov initiated number of major projects in this sphere, most of which are important not only of for further reveal of economic potential of this sector of Turkmen economy but also play big role in strengthening of global energy security.

32 transactions have been registered at the trades of the State Commodity and Raw Material Exchange of Turkmenistan last week.

Turkmen – Singapore business forum and exhibition of export production of our country are to be held under the state visit of the Governmental delegation of Turkmenistan to the Republic of Singapore.