Merhav CEO Yossi Maiman
Photo: Avi Cohen
Israeli company launches projects in Turkmenistan
Israeli-based Merhav Group to develop series of projects in fields of health, education, agriculture and energy in Muslim country
The Israeli-based Merhav Group will launch $3 billion worth of projects in Turkmenistan in the fields of health, education, agriculture and energy.
Previous projects developed by the company in the Muslim country with an investment of some $1.7 billion, yielded about $200 million to the Israeli economy. The current projects are expected to generate additional hundreds of millions of dollars.
A delegation of ministers from Turkmenistan is currently visiting Israel to meet with company officials and formulate a series of projects the group will carry out in the Central Asian country.
Turkmenistan's President Gurbanguly Berdimuhammedow had already met with Merhav CEO Yossi Maiman and presented to him the list of priorities for the project, which include the setting up of clinics, school programs, modern agriculture, and the establishment of a refinery and petrochemical industry in the country.
