Turkmenistan holds second place in Central Asia by investments

ASHGABAT, Turkmenistan, February 4.
Turkmenistan ranks second in Central Asia in terms of accumulated
foreign investments, holding about $20.6 billion,
Trend reports via the Eurasian Development Bank (EDB).

According to the bank, Central Asia’s investment portfolio is
highly concentrated by country, with 92% of total regional
investments directed to three countries. Turkmenistan alone
accounts for almost a third of this total, alongside Kazakhstan and
Uzbekistan.

Most of Turkmenistan’s foreign capital is concentrated in
large-scale gas and energy projects with participation from China
and the United Arab Emirates (UAE). The country’s investment model
focuses on long-term infrastructure and resource projects,
providing stable inflows of capital, though with limited sectoral
diversification.

Earlier, the International Monetary Fund (IMF) published a
report indicating that trade between the Gulf Cooperation Council
(GCC) countries and the Caucasus and Central Asia (CCA) remains
limited. GCC exports to the region account for just 0.5% of total
exports, with the majority concentrated in the UAE.