JCB signs Memorandum of Understanding in Turkmenistan
JCB signed a Memorandum of Understanding with the Ministry of Finance and Economy and the State Water Management Committee of Turkmenistan.
On 8 December, JCB signed a Memorandum of Understanding with the Ministry of Finance and Economy and the State Water Management Committee of Turkmenistan for the supply of JCB equipment. The deal will potentially help the Turkmen government to effectively manage water use through the Karakum canal, one of the largest human-made canals in the world, and improve irrigation throughout the country.
This is the result of persistent efforts by HMA and the DIT team at the Embassy over the last 10 months. We have regularly lobbied various Turkmen ministries and agencies, involving PM Trade Envoy, Baroness Nicholson.
JCB has been active in the market since 2009, playing key role in the construction industry of Turkmenistan.