Turkmenistan has attracted Korean loans for the implementation of major investment projects
Turkmenistan has attracted loans from the Korean Export-Import Bank (KEXIM) for the implementation of a number of major investment projects with the participation of leading companies of the Republic of Korea.
This was announced at the meeting of the Cabinet off Ministers on Friday by Deputy Prime Minister Hojamyrat Geldimyradov, who oversees the economy and finance in the government, TDH reports.
In order to effectively interact with international financial structures, in particular with Korean ones, during the meeting, President Serdar Berdimuhamedov signed a resolution approving the composition of the Intergovernmental Turkmen—Korean Commission from the Turkmen side.
This document is aimed at determining the investment projects envisaged for the implementation, enhancing the attraction of foreign capital investments and loans, as well as further strengthening the partnership between the two states.
ORIENT news
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