Turkmenistan is actively preparing for the International Conference and Exhibition "Construction, Industry, Energy of Turkmenistan" (CIET 2024), which will take place from November 3 to 5, 2024, in Ashgabat.
This significant event is organized by several state institutions, including the Ministry of Construction and Architecture, the Ministry of Industry and Construction Production, the State Concern "Turkmenhimiya," and the Chamber of Commerce and Industry. The main goal of "CIET-2024" is to attract foreign investments to Turkmenistan's construction, industrial and energy sectors.
One of the key tasks of the conference is to comprehensively explore the country's economic potential and strengthen cooperation among regional states. Participants will discuss important issues such as energy resource diversification, new infrastructure projects, and the implementation of modern technologies. Special attention will be given to the development prospects of the "smart city" Arkadag, the production of quality building materials, and new infrastructure projects.
The energy industry plays a crucial role in Turkmenistan's economic development. The country is actively modernizing its power plants and developing new energy sources, including renewables. "CIET-2024" will discuss projects for upgrading existing capacities and building new power plants, as well as opportunities of using alternative energy. Notably, there is a project to create a ring energy system to ensure reliable power supply and expand export opportunities.
In addition to energy, the chemical industry is also actively developing. The state invests in constructing plants for producing ammonia, urea and polymers. The country's unique mineral resources create additional opportunities for this sector's development. Investments in the chemical industry are considered strategically important for the economy.
The conference will also discuss projects that can elevate Turkmenistan's economic development to a new level, including the role of technological innovations and human capital in industry and energy. "CIET 2024" will include not only the conference but also an exhibition showcasing various projects in construction, industry and energy. The event will feature round tables, seminars, the signing of memorandums and contracts. Experts, both national and foreign, will present the latest achievements and trends in the market.
One of the strategically important direction for Turkmenistan is constructing the international gas pipeline "Turkmenistan-Afghanistan-Pakistan-India" (TAPI), which will provide access to South Asian markets. Parallel efforts are underway to modernize power plants and build new energy facilities, making Turkmenistan a major electricity supplier in the region.
Urban development initiatives like constructing the second phase of Arkadag city will be prominently discussed at "CIET-2024." These projects will open new prospects for foreign investors and contribute to developing the country's construction and industrial sectors.
Turkmenistan also pays special attention to the development of its energy sector, including renewable sources. The conference will address building new power plants using combined cycles to increase electricity production efficiency. The law on renewable energy adopted in 2021 opens new opportunities for innovative solar and wind energy projects. For instance, there are plans to build a multipurpose solar-wind power plant with a capacity of 10 MW in Balkan velayat.
Arkadag, first "smart city" of Turkmenistan and Central Asia, symbolizes the country's innovative approach to urban planning and has received international recognition, including awards at the "World Smart City Expo 2024" in South Korea.
Ashgabat, Turkmenistan's capital, is an important political, economic and cultural center recognized internationally. Investment opportunities for further development of Ashgabat's infrastructure will be discussed at "CIET 2024".
The International Conference and Exhibition "CIET 2024" in Ashgabat promises to be an important event for discussing development prospects in Turkmenistan's construction and energy sectors. Participants will have the opportunity to learn about the latest projects and discuss investment opportunities and cooperation that will ultimately contribute to economic growth and strengthen international ties. For more information about the event, you can visit the official website.
