ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Mitsubishi close to nailing 2 Turkmenistan jobs

TOKYO -- Mitsubishi Corp. is on track to participate in construction of two large chemical plants in Turkmenistan in cooperation with Turkish conglomerate Calik Holding, in a deal thought to be worth around 500 billion yen ($4.08 billion).

     The Japanese trading house signed memoranda of agreement Friday with chemical company Turkmenhimiya and gas company Turkmengaz. Executives of both state-owned firms are visiting Japan. The agreements involve construction of fertilizer and synthetic resin plants.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more