Mar 14, 2016

Central Asia strongmen challenged by threadbare economics

Pensioner Anna Kovalyova, 63, would struggle to make ends meet on her pension worth $250 if it was not for the subsidies from the authorities in Turkmenistan that make water, gas and electricity almost free. “In 25 years of independence our country has proven ...

Russian-U.S. rivalry spreads to former Soviet states in Central Asia

| Oct 31, 2015

Russian-U.S. rivalry spreads to former Soviet states in Central Asia

After Ukraine and Syria, the ex-Soviet republics of Central Asia could become the latest venue for geopolitical rivalry between Moscow and Washington, driven by the Kremlin’s worries about Islamists and by U.S. suspicion about Russia’s true intentions. U.S. Secretary of State John Kerry is ...

Oct 26, 2015

Sumitomo wins thermal power plant order in Turkmenistan

Sumitomo Corp. said Monday it has received a ¥36 billion order from Turkmenistan’s state-run power firm to build a gas-fired thermal power plant. The major trading house said it hoped the order for the 400-megawatt plant will strengthen its electricity business in Central Asia. ...

Aug 19, 2014

Mitsubishi to build fertilizer plant in Turkmenistan

Mitsubishi Corp. said Tuesday it has won a contract to build an agricultural fertilizer plant in Turkmenistan with a Turkish construction company. Together with Mitsubishi Heavy Industries Ltd., the trading company will be responsible for the plant’s design and for procuring its equipment. The ...

Remote Turkmen desert yields ancient riches

Apr 19, 2013

Remote Turkmen desert yields ancient riches

Over four millenniums ago, the fortress town of Gonur-Tepe might have been a rare advanced civilization before it was buried for centuries under the dust of the Kara Kum Desert in remote western Turkmenistan. After being uncovered by Soviet archaeologists in the last century, ...

Oil cash helps Turkmenistan turn capital into marble marvel

Feb 26, 2013

Oil cash helps Turkmenistan turn capital into marble marvel

In an extraordinary construction boom, the isolated Central Asian nation of Turkmenistan is spending billions of dollars on remodeling its capital, Ashgabat, into a gleaming white showpiece where even the curbs are made of marble. The gas-rich desert country says that the massive spending ...