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
1m ago ERS ECONOMIC RESEARCH SERVICE : Time-Use Behavior as a Factor in Fast-Food Purchasing
1m ago INTEL : Announces Increase in Quarterly Cash Dividend, 2015 Business Outlook at Annual Investor Meeting
6m ago BOTTOMLINE TECHNOLOGIES : Ken D’Amato Joins Bottomline Board of Directors
6m ago HONG LEONG FINANCIAL BHD : Quasi Cash Transaction
7m ago STARWOOD HOTELS & RESORTS WORLDWIDE : May Sell Majority Stake In Le Meridien Properties
7m ago GAMMON INDIA : To Exit Gammon Infrastructure Projects
7m ago HESTER BIOSCIENCES : Buys Gujarat Agrofarm
7m ago ALIBABA : 'dividends' keep coming in
7m ago Rajeswari Infra Seeks FDI For Chennai Project
7m ago UDAY KOTAK : ING Vysya Merging With Kotak Mahindra Bank
Latest news
Advertisement
Hot News 
SNOOZEBOX : Providing Temporary Hotel For Premier Oil
FAIRFX : Taps John Pearson To Replace Co-Founder As Chairman (ALLISS)
MOL GLOBAL : ATTENTION MOL GLOBAL SHAREHOLDERS: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of MOL Global, Inc.
S&P 500 MOVERS : Gme, rost
FULLER SMITH & TURNER : Pub operator Fuller's first-half profit rises 8 pct
Most Read News
1d ago KATE SPADE : 13 Super Cozy Things on Sale
1d ago Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters
1d ago European Parliament may propose Google break-up in draft resolution
1d ago ALDAR PROPERTIES PJSC : Demand for units in Abu Dhabi's tallest tower remains strong
1d ago NIKE : Dawn Runners to kick-start event
Most recommended articles
1d ago WEEKLY TRADING FORECAST : Volatility Keeps Boiling in the FX Market
1d agoDJWireless Carriers Bid Up US Airwaves To Record
1d ago Dollar May Not Have a Quiet Thanksgiving...
1d agoDJGRAIN HIGHLIGHTS : Top Stories of the Day
1d ago Giving thanks for big stock gains
Dynamic quotes  
ON
| OFF