On October 15, President Serdar Berdimuhamedov received Jong Won-jun, chairman of the board of South Korean company Daewoo Engineering & Construction Co., Ltd.
The meeting noted that major Korean companies have worked for many years on large projects in Turkmenistan’s oil and gas and chemical industries. This contributes to the development of bilateral economic cooperation. The sides also highlighted cooperation with Daewoo.
The company chairman said it remained committed to fulfilling its contractual obligations.
Serdar Berdimuhamedov said the chemical industry was one of the country’s rapidly developing sectors. He described the use of local raw materials and the production of goods for the national economy and export markets as the sector’s main development strategy.
The president said Turkmenistan was working to modernise and diversify its economy, with major industrial projects being implemented under state programmes.
The company chairman said contributing to Turkmenistan’s socioeconomic programmes was a great honour for the company. He expressed gratitude for the conditions enabling Daewoo Engineering & Construction Co., Ltd. to operate effectively in the Turkmen market.