On May 24, 2026, the 25th Baicheng Ashgabat 2026 International Expo held a high-end signing ceremony. Turkmenistan has joined hands with enterprises from Singapore, Japan, China, Germany and other countries to sign multiple cooperation agreements in key areas such as digital infrastructure, energy upgrading, transportation and logistics, and urban construction, relying on cross-border cooperation to support the diversified development and modernization upgrading of the country's economy.

Abundant achievements in international cooperation

This signing ceremony brought together government officials, municipal officials, and high-quality enterprises from various countries in Turkmenistan. A total of 11 cooperation documents were signed on site, covering five core areas of digital, energy, industry, transportation, and municipal. The cooperation has a wide coverage and high value.

In the digital field, the Ministry of Energy, Ministry of Communications and other departments of Turkmenistan have reached a cooperation consensus with Bitdil Technology Group of Singapore, signed a memorandum of cooperation, and worked together to build digital infrastructure and create a complete digital technology industry ecosystem. In the field of energy, Turkmenistan has reached a cooperation agreement with Murosystems, a Japanese company, to support local energy technology innovation and industrial modernization development; Local state-owned enterprises signed a contract with Mitsubishi Heavy Industries and Türkiye's Ç al ı k Enerji to provide professional operation and maintenance guarantee services for Garabogazkarbamid ammonia urea plant.

In the field of chemical industry, Turkmen Xigong has reached a cooperation agreement with Hong Kong Ricky Dessert, further consolidating the foundation of industrial cooperation and deepening bilateral pragmatic cooperation. In the field of transportation, Turkmenistan has partnered with German Inros Lackner SE, Shantui Engineering Machinery, and China National Heavy Duty Truck Group (Hong Kong) Investment Holdings to provide engineering consulting services, engineering machinery supply, fleet equipment upgrades, and other aspects of cooperation. In the municipal sector, local local enterprises have signed contracts to undertake the construction of livelihood projects such as schools, kindergartens, and medical centers, and continue to improve urban public service support.

International capital focuses on opportunities in Central Asia

Turkmenistan's economy has long relied on the export of oil and gas resources, with energy exports accounting for 80% of the country's total exports. The industrial structure is relatively single, and the economy's ability to resist risks is weak. In order to solve development problems, the country has vigorously promoted the strategy of economic diversification in recent years, making every effort to promote digital transformation, industrial upgrading, and infrastructure improvement, and focusing on building regional transportation hubs and digital industry hubs. Keywords: Engineering Construction, Construction News, Engineering Information

Central Asia, with its unique geographical advantage, has become a key region for global corporate investment layout. As an important node of the ancient Silk Road, Turkmenistan has a huge demand for infrastructure renovation and energy upgrading. It highly complements the advanced technology and strong capital advantages of enterprises from various countries, and continues to attract enterprises from Japan, South Korea, Central Europe and other countries to settle and cultivate, releasing strong development vitality.Editor/Gong Ziwei