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

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
React to this article
Latest news
Date Title
12:00p Forex Trader Sentiment Swings, Lifting US Dollar Outlook from ’Bearish’
02:21a NATTOPHARMA ASA : Natto: Presentation Q1 2015 Report
02:20a LEKOIL : Posting of Annual Report and Notice of Meeting
02:20a TRIGON AGRI A/S : 29.05.2015Trigon Agri A/S 1Q 2015 Interim Report
02:20a OXFORD BIOMEDICA : to Present at Jefferies 2015 Global Healthcare Conference, New York
02:20a AUSNET SERVICES : Results of Scheme and General Meetings
02:20a ADB ASIAN DEVELOPMENT BANK : Sri Lanka Sign $107 Million Loan Agreement for Roads
02:20a STATOIL ASA : awarded licences offshore Nicaragua
02:20a POLYPLEX THAILAND PCL : Approve audited FS, Fix AGM 2015 and propose dividend (edit)
02:20a LXB RETAIL PROPERTIES : Props Plc : Sutton Completion and Return of Cash Arrangements
Latest news
Advertisement
Hot News 
RALLY SOFTWARE DEVELOPMENT : SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Rally Software Development Corp. And Encourages Investors To Contact The Firm For Additional Information
ADDEX THERAPEUTICS : and Prof. Pisani Present Dipraglurant data in Rare Inherited Forms of Dystonia
ABERCROMBIE & FITCH : says sales improving with Hollister's help
LEKOIL : Posting of Annual Report and Notice of Meeting
REALDOLMEN : FY 2014-2015 press release
Most Read News
05/28 Airbus debates new A320 output hike, suffers test glitch
05/28DJFederal Investigators Blame Shell for Alaska Drill-Ship Accident
05/28 U.S. Congress sets hearing on Takata, automakers expand recalls
05/28 ALIMENTATION COUCHE TARD : prices $700 million offering of senior unsecured notes
05/28DJJapan Inflation Slips to Zero
Most recommended articles
12:00p Forex Trader Sentiment Swings, Lifting US Dollar Outlook from ’Bearish’
02:18a Swiss economy contracts in first quarter after franc cap dropped
02:16aDJTelefonica SA Closing of GVT acquisition
02:12aDJDollar Lower Against Yen on Profit Taking
02:11aDJVivendi Closes GVT Sale, Gets Telecom Italia Stake