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Country data

Population:
5.1 million
Area:
488,000 sq km
Capital:
Ashgabat
Currency:
Manat

Key developments and challenges

  • Supporting private sector development. During the next Strategy period the Bank will continue to focus its activities in Turkmenistan on supporting private sector development, both directly and indirectly via local partner banks
  • Promoting international integration. To support enhanced integration of Turkmenistan’s economy into the global economy, the Bank will seek opportunities to attract much-needed FDI by investing alongside foreign strategic investors.

Our work in Turkmenistan

In Turkmenistan we support private entrepreneurship with a specific focus on micro, small and medium-sized businesses.

Turkmenistan

Key facts about the EBRD's work in Turkmenistan

No. of projects

46

Net EBRD investment

€184 million

Cumulative disbursements

€175 million

Portfolio in private sector

99%

 

Last updated 30 June 2014

View factsheet


Our strategy for Turkmenistan

The current circumstances in Turkmenistan warrant the continued application of a calibrated strategic approach, incorporating political and economic benchmarks to gauge the country’s progress (or regress) against its key Article 1 commitments and adjusting the Bank’s operational response accordingly.

Read strategy

CONTACTS

Yimpas Business Center
2nd Floor, Suite 201
54, Turkmenbashi Ave.
744000 Ashgabat
Turkmenistan
Tel: (+993 12) 45 51 18/45 51 19/45 39 16
Fax: (+993 12) 45 39 22