Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

METI - Ministry of Economy, Trade and Industry of : METI State Minister Akaba Had a Meeting with Turkmenistan Energy Minister Artykov

11/15/2013 | 04:04am US/Eastern
Recommend:
0

On November 12, 2013, Mr. Kazuyoshi Akaba, State Minister of Economy, Trade and Industry, had a meeting with H.E. Mr. Myrat Artykov, Minister of Energy of Turkmenistan. In connection with the modernization plan of thermal power plants in Turkmenistan, State Minister Akaba explained to Minister Artykov the superiority of Japanese enterprises' thermal power plants generation technology, from the viewpoint of supporting export of infrastructures and industrial plants. Both ministers share the view that such enterprises' proactive efforts in the field of infrastructures and industrial plants in Turkmenistan will contribute to the further development of the Japan-Turkmenistan economic relationship.

On November 12, 2013, State Minister Akaba had a meeting with Minister Artykov. Both ministers exchanged views on the modernization plan of power generation facilities based on "the new Concept of Electric Power Industry Development of Turkmenistan for 2013-2020", which was approved by the cabinet of the Turkmenistan government in April 2013, as well as on the potential of bilateral cooperation projects through the utilization of Japanese enterprises' advanced technology in Turkmenistan.

In particular, State Minister Akaba mentioned the introduction of highly efficient and qualified, environmentally friendly Japan made gas turbines to a large scale thermal power plants project in Mary, Turkmenistan, in which Japanese enterprises have been interested in participating, as well as the introduction of highly-efficient gas engine units with excellent mobility to stand-alone thermal power plants in the country, which Japanese enterprises have recommended to Turkmenistan side. State Minister Akaba, also conveyed to Minister Artykov Japan's superiority in such technology in a meticulous manner, and explained that METI focuses on supporting Japanese enterprises in expanding their business overseas, not only in light of Japan's economic growth strategy, but also on enhancing bilateral economic relationships through economic development of countries to which Japan introduced its advanced technology. State Minister Akaba told Minister Artykov that METI will support these projects.

In response, Minister Artykov highly appraised Japanese enterprises' technical capabilities and stated his expectation toward such enterprises' contribution to the efforts in the field of energy, in particular, to the modernization of thermal power plants. Both ministers shared the view that such enterprises' proactive efforts in the field of infrastructures and plant in Turkmenistan will contribute to the further development of the Japan-Turkmenistan economic relationship.

November 12, 2013

Russia, Central Asia and Caucasus Office, Trade Policy Bureau
Industrial Machinery Division, Manufacturing Industries Bureau

distributed by
Recommend :
0
React to this article
Latest news
Date Title
<1m agoDJEUROPE MARKETS : Hugo Boss Climbs; Oil Stocks Drop: Europe Movers
1m ago PEUGEOT : Plymouth dealership rebranded as Peugeot business centre
1m ago Dubai's Atlantis seeks refinancing $880 mln loan
1m ago Markets up on modest growth in Europe ; YESTERDAY IN THE CITY
1m ago MCDONALD : Russia's food agency suspends McDonalds
1m ago RIGHTMOVE : House prices on the rise in Devon but down in Cornwall
2m ago UK COMMERCIAL PROPERTY : Pounds 40.5 million sale sealed for new mall
3m ago AFRICAN CONSOLIDATED RESOURCES : Further update re Conditional Acquisition of Dalny Mine
3m ago SAGA FURS : Finnish farmers and Saga Furs attend Summer School in the U.S.
3m ago DIGNITY : Notification of Major Interest in Shares (22 Aug 2014)
Latest news
Advertisement
Hot News 
SPORTECH : hit by bad US weather
TANFIELD : upbeat about Snorkel ; BUSINESS BRIEFING
HELIOCENTRIS ENERGY SOLUTIONS : Heliocentris Chief Financial Officer presents on DVFA Small Cap Conference (DGAP News)
EMPIRIC STUDENT PROPERTY : Hibernia REIT And Empiric Student Property Add To Portfolios
QUINDELL : Today's comment:
Most Read News
1d ago HOME DEPOT : names U.S. retail head Craig Menear as CEO
1d ago ALLERGAN : Federal court denies Allergan bid to speed insider trading suit
1d agoDJCROWN RESORTS : in Deal With Australia State to Extend License
1d ago CITIGROUP : facing restrictions on sales of hedge fund investments: WSJ
1d ago Exclusive - Lockheed, suppliers brainstorm how to lower F-35 operating costs
Most recommended articles
6m agoDJEuropean Stocks Pause After Rally -- Update
25m agoDJASIA MARKETS : Japan Stocks Pull Back After 9 Days Of Gains
25m ago AFK SISTEMA : Russia's MTS raises Ericsson contract to over $1.5 billion
36m agoDJRussia Accuses Kiev of Deliberately Halting Aid
36m ago EXCLUSIVE : Apple iPhone 6 screen snag leaves supply chain scrambling
Dynamic quotes  
ON
| OFF