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The OPEC Fund will support projects in Africa and a number of other regions totaling $ 352 million, according to the organization’s press service.
Turkmenistan is also among the countries that will receive loans. Ashgabat will receive a $ 45 million loan for the development of the merchant marine fleet. In particular, three vessels will be built: a dry cargo ship, a passenger ship and a ship for transporting rail cargo.
This will increase the workload of the International Seaport in Turkmenbashi, which is part of the Europe-Caucasus-Asia transport corridor, the press release said.
Within the framework of the project, it is also planned to conduct training for the workers of the Balkan shipbuilding and ship-repairing plant.