ADB Set To Assist Turkmenistan In Developing Public-Private Partnership Framework

2026-03-18 09:04:34

(MENAFN- Trend News Agency) ASHGABAT, Turkmenistan, March 18. The Asian Development Bank (ADB) plans to assist Turkmenistan in building a strategic framework for public-private partnerships (PPPs), Senior Private Sector Development Specialist Dmitry Kabrelyan said, Trend reports via the press service of the Turkmen Government.

He made the statement at the international investment forum "Investment to the Future of Turkmenistan 2026" (IFT 2026), held in Ashgabat, on March 18.

Kabrelyan noted that creating a clear roadmap and standardizing approaches are key to unlocking the potential of PPPs, minimizing risks, and making national projects more transparent and attractive for investors.

Furthermore, he highlighted a joint roundtable organized by ADB and the EBRD, where experts discussed integrating international standards into Turkmenistan's economic model and selecting promising pilot projects. Successful implementation of these initiatives is expected to demonstrate the country's investment readiness.

Dmitry Kabrelyan added that piloting PPP programs will allow practical testing of collaboration mechanisms between the government and private businesses, with ADB acting as a strategic partner to adapt global best practices to local conditions. This approach aims to support long-term growth and infrastructure modernization through the effective use of private capital.

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