Turkmenistan eyes Komatsu as EPC for lake project

In:

Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Waste and water

Region:

Asia-Pacific, Europe

By Max Thompson

Turkmenistan’s Ministry of Finance (MoF) is yet to sign commercial contracts with prospective EPC contractors for development 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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

KBU: A lesson in long ECA tenors in Africa

Perspective

15 July 2026

KBU: A lesson in long ECA tenors in Africa

Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala...

Perspective

24 July 2026

GCC: When ECAs hit the country ceiling

Fragmented Gulf procurement, tighter local liquidity, strained country limits and Saudi-scale ambition are forcing ECAs beyond the classic tied facility. Shopping lines,...

Must See

Uncertainty is the unwelcome gift, but pipeline grows for Jebsen & Jessen

Video

14 July 2026

Uncertainty is the unwelcome gift, but pipeline grows for Jebsen & Jessen

Speaking at TXF Global, Jebsen & Jessen CEO Ralf Schwarzhaupt highlighted a booming project pipeline despite Middle East headwinds, calling for fewer regulations, faster decision-making, and a level playing field.

Perspective

15 July 2026

KBU: A lesson in long ECA tenors in Africa

Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala Bwila University (KBU) expansion in Angola — a structure that shows how ECA cover can push out the tenor envelope for education infrastructure on the continent.

Perspective

24 July 2026

GCC: When ECAs hit the country ceiling

Fragmented Gulf procurement, tighter local liquidity, strained country limits and Saudi-scale ambition are forcing ECAs beyond the classic tied facility. Shopping lines, untied lending, framework deals and regional agencies are filling the gap — but flexibility brings its own distortions.