Investment & Projects
Structuring and protecting foreign investment in Turkmenistan: entry route, approvals, banking and currency issues, and treaty protection.
Foreign investors in Turkmenistan need three answers early: which vehicle to use, which approvals the project needs, and how returns will leave the country. We advise on each, from the first structure paper through the operating phase.
We support investment projects on company and branch set-up, project agreements with state counterparties, banking relationships and currency conversion, real estate and land-use rights, and compliance with investment legislation. When a project runs into difficulty, we assess the protection available under bilateral investment treaties and prepare the investor's position before a dispute becomes formal.
Typical matters
- Choice of vehicle: subsidiary, branch, representative office or joint venture
- Investment approvals and registration with state authorities
- Project agreements with ministries and state enterprises
- Bank accounts, currency conversion and repatriation of funds
- Real estate, lease and land-use arrangements
- Assessment of protection under bilateral investment treaties