BAKU, Azerbaijan, June 30. Turkmenistan and
Japan's Kawasaki Heavy Industries discussed prospects for expanding
cooperation during talks in Ashgabat.
This was published in a press release published by the press
service of the Turkmen government following a meeting between
President Serdar Berdimuhamedov and Kenji Sanada, the company’s
Vice President.
"President Serdar Berdimuhamedov noted that during the
businessman’s visit, talks will be held on areas of cooperation
between Turkmenistan and Kawasaki Heavy Industries Ltd.," the press
release says.
According to the report, President Berdimuhamedov also expressed
confidence that the visit would give new impetus to bilateral
partnership.
Sanada, in turn, thanked the Turkmen side for creating favorable
conditions for the company's operations in the country, the press
release says. He reaffirmed Kawasaki Heavy Industries' commitment
to fulfilling its contractual obligations and expressed interest in
continuing cooperation.
Meanwhile, Kawasaki Heavy Industries has been one of the
longest-standing Japanese industrial investors in Turkmenistan,
participating in major gas processing and chemical projects for
more than two decades. The company led the construction of the
world's first commercial-scale gas-to-gasoline (GTG) plant at
Ovadan-Depe, commissioned in 2019, which converts natural gas into
synthetic gasoline with an annual capacity of 600,000 tons.
Earlier, Kawasaki also took part in building the Mary ammonia
and urea plant, one of Turkmenistan's largest fertilizer
facilities. In 2024, the company signed a long-term maintenance
agreement for the GTG complex, and has since expressed interest in
participating in additional industrial projects in the country,
including a potential second GTG plant.
In an exclusive commentary to Trend Kawasaki Heavy
Industries told that it views Turkmenistan's investment climate
favorably and is ready to contribute to the country's industrial
modernization and infrastructure development.
"Our primary focus is on industrial modernization," the company
representative said, commenting on Kawasaki's priorities in
Turkmenistan.
Speaking about the company's readiness to support the country's
industrial modernization and infrastructure projects, the
representative said: "We highly assess them. At the same time, we
have strong expectations for further improvements in the future. We
would be delighted if, through our cooperation, we could help
achieve significant progress and create even more favorable
conditions."