Even for Favored Turks, Turkmenistan a Risky Investment

Construction of new government buildings continues behind a golden statue of Saparmurat Niyazov and Turkmenistan's Supreme Assembly in the capital Ashgabat in November 2010. Turkish companies have invested tens of billions of dollars in Turkmenistan, much of it in construction projects. (Photo: David Trilling)

Entrepreneurs from Turkey have enjoyed success in Turkmenistan, a market known mostly for natural gas rents and megalomaniacal vanity projects.

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Chris Rickleton is a freelance writer who specializes in Central Asia.

Even for Favored Turks, Turkmenistan a Risky Investment

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