Turkmenistan’s has great potential with large reserves of natural gas and oil deposits still largely unexploited. The Silk Road passed through Turkmenistan and the marvelous city of Merv in eleventh and twelfth centuries. Now a new cross-road and communications junction is possible - by introducing access to Internet and new communications Turkmenistan could technically leap into the 21st century with digital communications.
Promising ICT* Segments
Mobile Subscribers are increasing. Fiber-optic and satellite network for high-speed internet being developed.
* IT, Communications & Technologies |
Growth Outlook
Average. J&P expects a CAGR for Telecom, IT and Media services to grow by 24% reaching $1,8 billion by 2011. Private sector involvement is increasing slowly.
Contact J&P for advice on investment opportunities.
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Investments
FDI was $750 mln in 2007 mainly from Russia, China, Germany, Japan, the United States, Iran, and Great Britain. |
Interesting Facts
Kara-Kum Desert 80% of territory Foreign Tourists ≥ 10,000 per year Average size of
household 4.7 people
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