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Turkmenistan and ADB

ADB’s country partnership strategy for Turkmenistan supports energy trade, market connectivity and private sector development, as well as economic diversification.

In the Spotlight

Turkmenistan Facts

ADB's Work in Turkmenistan

Turkmenistan’s economic growth had averaged 6% annually from 2015 to 2019, with public investment and gas exports as major growth drivers. The growth in 2020 decelerated due to a shrinking regional demand and declining prices for energy products triggered by the global economic slowdown and disruption caused by the coronavirus disease (COVID-19) pandemic.

ADB has been a long-standing partner of the Government of Turkmenistan, providing assistance crucial to the country’s development needs. The bank’s support program is aligned with the National Strategy for Social and Economic Development of Turkmenistan 2011–2030 and the government’s Development Program 2019–2025, with annual lending averaged at $167 million over 2018–2020.

  More on ADB's work in Turkmenistan
  Country Partnership Strategies

Data: Turkmenistan

Economic Forecasts

Ecomomic Forecasts

Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.

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Poverty in Turkmenistan

Poverty in Turkmenistan

Development indicators for Turkmenistan, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

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Results of ADB-Supported Operations

Results of ADB-Supported Operations

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.

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ADB Projects in Turkmenistan   View all projects

Approved/Active

Proposed

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What's New

Contact: Turkmenistan Resident Mission (TKRM)

82, 1972 (Ataturk) Street, Berkarar Business Center Building, Office M1, Ashgabat 744036, Turkmenistan

  Office Hours: 9:00 am to 6:00 p.m. (Monday to Friday)

  Tel +993 12 468730
  Fax +993 12 468731
  E-mail
Artur ANDRYSIAK (Mr)
Country Director
  E-mail
Serdar CHARYYEV (Mr)
Senior Country Coordination Officer
  E-mail
Jennet HOJANAZAROVA (Ms)
Senior Economics Officer/NGO Focal Point
  E-mail
Aylar HUMMEDOVA (Ms)
Finance and Administration Officer
  E-mail
Guncha SOLTANOVA (Ms)
Senior Operations Assistant
  E-mail

  About TKRM

The Turkmenistan Resident Mission (TKRM) was established in 2010 to liaise with the government, private sector, civil society stakeholders, and development partners on the ground.

  Holidays 2023

TKRM will be closed on these dates:

  • New Year's Day: January 2 (Monday), in lieu of January 1
  • International Women's Day: March 8 (Wednesday)
  • Novruz Bayram: March 21 (Tuesday)
  • Oraza Bayram*: April 21 (Friday)
  • Constitution and Flag Day: May 18 (Thursday)
  • Kurban Bayram*: June 29, 30 (Thursday, Friday)
  • Independence Day: September 27 (Wednesday)
  • Memorial Day: October 6 (Friday)
  • Neutrality Day: December 12 (Tuesday)

* = The dates are subject to moonsighting.

Last updated: 4 January 2023