Commissioned by Turkmenhimiya, Turkmenistan’s state-owned chemical company, the facility is slated for construction in the eastern city of Turkmenabat, near the Uzbek border.
Once completed, the plant is expected to produce 300,000 tons of phosphate-based fertilizer annually, bolstering the Central Asian nation’s agricultural and export capacity.
Daewoo Engineering was named the preferred bidder for the project in October 2024, and both parties aim to finalize the contract by the end of this year.
Following the agreement, South Korea’s Minister of Trade, Industry and Energy, Ahn Duk-geun, met with Baimurad Annamammedov, Turkmenistan’s Deputy Prime Minister for Energy, Construction and Industry, in Seoul. The two officials held high-level talks focused on expanding industrial cooperation, particularly in the development of plant infrastructure.
During the meeting, Minister Ahn called for Turkmenistan’s continued support for South Korean firms in future infrastructure and energy projects, underscoring Seoul’s commitment to deepening economic ties with the gas-rich Central Asian nation.
reporter
Kim Dong-young
davekim0807@ajupress.com
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