Contracts
Opportunities for New Ventures in Central Asia’s Construction Boom
According to a recent article on Eurasianet.org: “The Pentagon is preparing to embark on a mini-building boom in Central Asia.”
The potential infusion of cash for a variety of military, border and customs related projects should mean new opportunities in the regions booming construction and infrastructure sectors. The various projects being outlined by the Pentagon include joint military training facilities (Kyrgyzstan), upgrading existing infrastructure and new border posts (Turkmensitan). Many of these projects are already being put out for tender in the U.S. but should have strong local components as well.
One sector that will certainly benefit from additional construction will be in heavy equipment. Turkmenistan already is faced with a lack of heavy equpment, from cranes to industrial cement mixers, due to the already robust nature of projects underway. This includes the massive effort on the Caspian coast in Awaza where new hotels and road networks are being constructed at this very moment.
Procurement and leasing of these equipment types should prove to be a lucrative venture for the region, not only in Turkmenistan but Uzbekistan and Kyrgyzstan as well.
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