(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 10. Turkmenistan is
ready to consider proposals for the implementation of projects in
the chemical industry by the South Korean Daewoo E&C company,
including the construction of plants for the production of ammonia
and urea, phosphate fertilizers, trend reports.
According to the official source of Turkmenistan, this
information was announced by President of Turkmenistan Serdar
Berdimuhamedov during a meeting with the Chairman of the Board of
the South Korean Daewoo Engineering & Construction Jong Won-ju.
During the meeting, the Head of state noted the positive
dynamics of cooperation between Turkmenistan and the South Korean
both in the political and diplomatic sphere and in the trade and
economic sphere, and also added that large South Korean companies
are participating in the implementation of important projects in
the gas, chemical industry and other sectors of Turkmenistan.
Among the most important topics of interaction, the parties
named the chemical industry, where Turkmenistan aims to develop its
rich reserves of natural raw materials, the production of highly
liquid products on the domestic and foreign markets, innovative
modernization of production taking into account modern
environmental requirements as one of the main options, attracting
investment in this area.
Furthermore, the parties discussed the possibilities of
cooperation in development of new cities, in particular the use of
Korean smart city technologies, developments in the field of
renewable energy sources.
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