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Pres. Moon visits petrochemical plant built by global consortium led by S. Korean firms Updated: 2019-04-18 19:10:11 KST

An hour and half out of the capital Ashgabad,… is a multi-billion dollar petrochemical plant -the first such kind in the Turkmenistan and the largest in the entire Central Asian region,… built by a global consortium led by Korea's Hyundai Engineering and LG International.

President Moon Jae-in,… accompanied by Turkmenistan's president visited the plant as part of his state visit to the Central Asian country.
The visiting South Korean leader praised the workers of both the Korean and local firms for successfully building the complex with zero casualties or accidents in the 47 months of construction.

And he thanked the firms for doing much more than just building the site.

As promised during their summit on Wednesday,… the leaders assured each other that this plant will not be the last project between the two nations.

Hyundai Engineering says the complex has the capacity to churn out 6-million tons of natural gas annually and that the petrochemical products from the plant can generate profits of up to 600-million U.S. dollars for the Turkmen government every year.

"A stroll out in the desert wilderness was an opportunity for the leaders to witness the progress the two sides have made,… and a chance to highlight the Korean president's New Northern Policy that will link the two countries ever more closer together. Shin Se-min, Arirang News, Kiyanly."
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