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Turkmenistan

 Turkmenistan

Shortcuts:

 brief description of the country 

 some basic statistics about the country 

 Turmeni Governors to the World Bank Group 

 contacts at the World Bank 

 important institutions 

 procurement figures by companies from Turkmenistan 

 voting status 

 Turkmeni staff 

 constituency annual WBG commitments 

 

About the country

Turkmenistan is an independent, neutral and upper middle income country located in Central Asian region. It has been one of the fastest growing countries in the world and covers territory that has been at the crossroads of civilizations for centuries.

  

Geographically, Turkmenistan is one of five countries in Central Asia and is situated in the western part of the region. In the north and northeast it borders with republics of Kazakhstan and Uzbekistan, in the south and southeast it borders with the Islamic Republics of Iran and Afghanistan, and on the west side it is surrounded by the Caspian Sea.

 

Turkmenistan has the fourth largest proven natural gas reserves, substantial oil and chemical resources including all elements of Mendeleev’s periodic table. Over the past decade, Turkmenistan’s output growth averaged 12 percent and GDP per capita, more than tripled to reach the upper-middle income economy level in 2012. Notwithstanding the challenging global environment, strong public investments and diversified hydrocarbon exports enabled real GDP to grow 11.1 percent in 2012.

 

Turkmenistan has had a productive and constructive dialogue with the World Bank Group since becoming member in 1992. The cooperation has focused on analytical and advisory activities, provision of international best practices and technical assistance in capacity building projects. The joint IBRD/IFC Interim Strategy Note (ISN) for Turkmenistan was approved by the Executive Board in July 2013. The ISN’s includes the provision of reimbursable services for macroeconomic statistics, financial sector and private sector development and Bank financed strategic studies.

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Basic facts

Capital

Ashgabat

Independence

27 October 1991

Language

Turkmen

Head of Government

President Gurbanguly Berdimuhamedov

WB membership

09/22/1992

Currency

Turkmen manat (TMT)

GDP per capita

$5,587 (2012, staff estimate)

GDP growth

11.1 % (2012)

Economy structure

Agriculture: 10.7 % of GDP (2011);
Industry: 52 % of GDP (2011);
Services: 22 % of GDP (2011);
Construction: 14.6 % of GDP (2011).

Official development assistance and official aid

40 million USD (annual average for period 2009-2011, OECD-DAC)

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Governors to the World Bank Group

Governor to the World Bank, Governor to MIGA

 

Mr. Dovletgeldy Sadykov

Minister of Finance

Ministry of Finance

 

Alternate Governor to the World Bank, Alternate Governor to MIGA

 

Mr. Merdan Annadurdyyev

Deputy Chairman

Central Bank of Turkmenistan

 

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Contacts at the World Bank

Advisor to Executive Director

Mr. Nurgeldi Meredov

nmeredov@imf.org
Phone: +1 (202) 623-5853

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Institutions related to the World Bank

Ministry of Finance

Mr. Dovletgeldy Sadykov
Minister of Finance

4 Pomma Street
Ashgabat 744000, Turkmenistan
Phone: +993 12 510-563 Fax: +993 12 510-687 / 511-547 / 510-841

Central Bank of Turkmenistan

Mr. Tuwakmammet Japarov, Chairman of the Board
36 Bitarap Turkmenistan Street
Ashgabat 744000, Turkmenistan
Phone: +993 12 354-313 Fax: +993 12 510-812 Turkmenistan
 
merkezb1@online.tm

World Bank Local Office

Mr. Serdar Jepbarov
40 Atabaev Street
Ashgabat, Turkmenistan
Phone: +993 12 350-477 Fax: +993-12 351-693
wblotkg@cat.glasnet.ru

Embassy of Turkmenistan

H.E. Meret Orazov
Ambassador

2207 Massachusetts Avenue, NW
Washington, DC 20008
Phone: 1-202-588-1500
turkmenembassyus@verizon.net

Government Contact Directory:

Ministry of Foreign Affairs
Tel. (99312) 39-21-54; Fax: (99312) 35-42-41

Ministry of Economy & Development
Tel. (99312) 51-11-34; Fax: (99312) 35-09-39
E-mail: minekonom@online.tm

Ministry of Finance
Tel. (99312) 51-05-63; Fax: (99312) 51-06-87
E-mail: omeft@online.tm

Ministry of Oil & Gas & Mineral Resources
Tel. (99312) 40-30-01; Fax: (99312) 40-30-44
E-mail: tmnebitgas@online.tm; ministryoilgas@online.tm

The State Agency for Use of Hydrocarbons
Tel. (99312) 40-38-05; Fax: (99312) 40-38-31
E-mail: stateagency@online.tm

Ministry of Energy
Tel. (99312) 35-38-70; 39-60-39 Fax: (99312) 39-35-12
E-mail: kuwwat@online.tm

Ministry of Trade & External Economic Relations
Tel. (99312) 35-10-47; Fax: (99312) 39-51-08
E-mail: mintrcc@online.tm; mtfer@online.tm

Ministry of Defense
Tel. (99312) 40-27-64; Fax: (99312) 39-19-44

Ministry of National Security
Tel. (99312) 39-71-58; 35-32-42

Ministry of Internal Affairs
Tel. (99312) 35-13-28; Fax: (99312) 39-37-39

Ministry of Agriculture
Tel. (99312) 35-66-91; Fax: (99312) 35-05-18
E-mail: selhoz2004@mail.ru; jakhanhally@mail.ru

Ministry of Communications
Tel. (99312) 35-21-53; fax: (99312) 21-04-19
E-mail: mincom@telecom.tm; website: www.mincom.gov.tm

Ministry of Education
Tel. (99312) 35-58-03; Fax: (99312) 39-88-11

Ministry of Healthcare & Medical Industry
Tel. (99312) 40-04-46; Fax: (99312) 40-04-16
E-mail: healthtm@online.tm

Ministry of Textile Industry
Tel. (99312) 21-03-03; Fax: (99312) 35-54-42
E-mail: textile@online.tm

Ministry of Culture & State Media
Tel. (99312) 35-41-05; Fax: (99312) 35-35-00

Ministry of Railroad Transport
Tel. (99312) 39-43-34; Fax: (99312) 39-28-74
E-mail: tde@online.tm

Ministry of Construction
Tel. (99312) 35-60-60; Fax: (99312) 39-35-90
E-mail: mpsmt@online.tm; iccnet@online.tm

Chairman of Mejlis
Tel. (99312) 39-59-58; Fax: (99312) 35-31-47

The State Customs Service
Tel. (99312) 38-06-00; Fax: (99312) 35-22-07
E-mail: customs@online.tm

The State Migration Service
Tel. (99312) 39-41-69/39-76-89; Fax: 39-30-75
E-mail: tdyrhadg@online.tm

The Supreme Court of Turkmenistan
Tel. (99312) 39-09-32, 38-07-81; Fax: 35-50-50

The State Commodity Exchange
Tel. (99312) 35-43-21/35-49-50; Fax: 51-03-04
E-mail: info@exchange.gov.tm; website: www.exchange.gov.tm

The Chamber of Commerce
Tel. (99312) 35-45-94/35-55-94; Fax: 35-53-81
E-mail: mission@online.tm; expo@online.tm; website: www.cci.gov.tm

Central Bank of Turkmenistan
Tel. (99312) 38-10-03; Fax: (99312) 35-50-86
E-mail: merkezb3@online.tm

The State Bank for Foreign Economic Activities
Tel. (99312) 40-60-40; Fax: (99312) 40-65-95
website: http://www.tfeb.gov.tm

The State Joint-Stock Commercial Bank “Senagat”
Tel. (99312) 35-06-90 / 45-31-33 Fax: (99312) 45-44-09

International Joint-Stock Bank “Garagum”
Tel. (99312) 45-63-65 Fax: (99312) 45-18-97
E-mail: garagum@telekom.tm

State Committee on Tourism & Sport
Tel. (99312) 35-47-77/39-67-40; Fax: 39-00-65
E-mail: turkmentour@online.tm; website: www.tourism-sport.gov.tm

State Committee on Fish Industry of Turkmenistan
Tel. (99312) 27-40-43/27-10-66; Fax: 27-38-60
E-mail: balyk@online.tm

click here for larger map of Turkmenistan

Country Website

Country Brief

Turkmenistan at a Glance

Data & Statistics

Publications about Turkmenistan

Constituency News and Events

 

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Procurement by companies from Turkmenistan in contracts awarded under World Bank-Financed projects (000 US$) date as of: 9/23/2010

Fiscal Year

Amount
Consultant
Services

Number
Contracts
Awarded

Amount
Civil Works

Number
Contracts
Awarded


Amount
Goods

Number
Contracts
Awarded

2000

--

--

--

--

--

--

2001

84,700

8.0

--

--

60,000

1.0

2002

132,140

1.0

--

--

--

--

2003

--

--

--

--

--

--

2004

--

--

--

--

2,782,426

1.0

2005

--

--

--

--

--

--

2006

--

--

--

--

--

--

2007

--

--

--

--

--

--

2008

--

--

--

--

--

--

2009

--

--

--

--

--

--

2010

--

--

82,324

 1.0

--

--

Total:

216,840

9.0

82,324

1.0

2,842,426

2.0

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Voting Status Turkmenistan

* Millions of 1944 USD ** Thousands of USD *** Millions of SDR

 

Institution

Amount of capital

Percent of total capital share

Number of votes

Percent of total voting power

Percent for the chair of total voting power

IBRD

249.3*

0.16

2743

0.17

3.04

IDA

-

-

746

-

3.85

IFC

810**

0.03

1060

0.04

2.6

MIGA

0.66***

0.04

330

0.15

2.97

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  FY09 Annual WBG Commitments (Million USD)

 

 

 

Lending

Equity

Guarantees

TURKMENISTANIBRD / IDA

-

-

-

  IFC

-

-

-

  MIGA 

-

-

2.8

  

Total:

-

-

2.8

 

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Last updated: 2013-11-20




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