Turkmenistan will put a new shipyard into operation at the Caspian port in Turkmenbashi in 2017. The project of the new international sea port in Turkmenbashi envisages the construction of ferry, passenger and container terminals. The complex will include a general loading terminal, a terminal for bulk cargo as well as shipbuilding and ship repairing plants.

The project will be implemented by Turkish company Gap Inşaat, which became the winner of the international tender on construction of a modern sea port with the estimated value of $ 2 billion.

Seven companies participated in an international tender for development and implementation of the project.

The control over the work will be taken by German Inros Lackner AG.

The plant will be built in the framework of this large-scale project and put into operation in 4 years.

The Turkmenbashi shipyard will occupy the territory of 143,000 square meters. Its project capacity is 20,000 tons of incoming steel per year.

The enterprise is expected to perform a full cycle of work on construction of ships and vessels for different purposes: tankers, bulk carriers, tugs, oil and gas platforms (self-raising jack up-platforms).

The software will allow to stock from 4 to 6 large vessels (with the length up to 160 meters and carrying capacity of 7,000 tons) from the plant stock, and to repair 20-30 ships per year.

The plant was projected in accordance with the international standard requirements of IACS (International Association of Classification Societies).

For protection of Caspian Sea's ecology, bio-clearing equipment will be established in each terminal under the project, designed in line with the Green port international standards.

Ferry and passenger ports will be serve 300,000 passengers and 75,000 trailers in a year.

According to Tukmen media outlets, this project will join Central Asia, Caspian Sea countries with South Caucasus and Black Sea region with further exit to Turkey and European countries.

The shipyard will become a new enterprise for the national economy, the operation of which will mean the birth of domestic shipbuilding industry.

Speaking at the foundation ceremony of the Turkmenbashi sea port, Turkmen President Gurbanguly Berdymukhamedov said that it will raise perspectives of expansion of transport infrastructure in southern and eastern directions with the exit to such large economic centers, as China, India, Pakistan and the Asian-Pacific region.

"New international sea port in Turkmenbashi will also influence the geopolitics, will be one of the main constituents of international cooperation in the transport sphere and have positive impact on general situation in the region and beyond it," the Turkmen president said.