Abstract
In recent years, the "Belt and Road Initiative" has significantly influenced Turkmenistan's investment climate changes; country's oil, natural gas resources and related infrastructure arouse concern among investors from different countries. However, because of low degree country openness, there is both lack of information about Turkmenistan's investment climate and of related researches. The article combined empirical studies on the present investment environment situation in Turkmenistan, and based on Turkmenistan natural resources, economic, social development and investment management specifics, by means of entropy method, probed into current trends of Turkmenistan provinces and directly governed city's investment environment, and complexly analyzed investment environment of Ashgabat city, Ahal, Balkan, Mari, Lebap, and Dashoguz provinces. Research showed, natural resources are the key factor to push Turkmenistan provinces and Ashgabat city forward evolution, but at the same time, the role of investment management and economic development is also quite remarkable, while the influence of social and cultural specifics is not significant. However, because of the disproportion in country's natural resources distribution, there is a huge gap between districts throughout Turkmenistan, which is the main reason why provinces with undeveloped oil or natural gas industries are unable to exert their potential and are highly dependent on investment management. Nowadays, there are only Balkan and Lebap provinces have good investment environment, while Mari, Dashoguz and others still need to make many improvements.
| Translated title of the contribution | Study on Turkmenistan's Foreign Direct Investment environment |
|---|---|
| Original language | Chinese (Traditional) |
| Pages (from-to) | 327-336 |
| Number of pages | 10 |
| Journal | World Regional Studies |
| Volume | 29 |
| Issue number | 2 |
| DOIs | |
| State | Published - 2020 |