Turkmenistan out to banks for DFI/ECA-backed man-made lake

In:

Infrastructure, Waste and water

Region:

Asia-Pacific

By Max Thompson

Turkmenistan’s Ministry of Finance (MoF) is sounding out commercial banks to finance the construction of the second phase of the Altyn Asyr lake, a man-made lake in the middle of the Karakum desert. The approximately $550 million project, located in the Balkan region, will allow...

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