BAKU, Azerbaijan, September 15. Turkmenistan's Amatly çözgüt and South Korea's S&T System Inc. have signed an agreement in Seoul to establish the Yerli Tor joint venture for IT equipment production.
The agreement was signed as part of efforts to strengthen bilateral technological partnership, according to the press service of the Turkmen government.
The new enterprise will focus on producing servers, data storage systems and network equipment for government institutions, corporate clients, data centers and critical infrastructure facilities in Turkmenistan.
Under the agreement, S&T System Inc. will provide technology transfer, technical solutions and expert support, while the Turkmen side will adapt products to local standards, develop infrastructure and deploy solutions on the domestic market.
According to the report, the production process will cover equipment assembly, configuration, quality control, testing, software integration, as well as warranty and service support.
The venture also plans to gradually increase the localization of production and develop national engineering expertise, according to the report.
Meanwhile, South Korea has become one of Turkmenistan’s key Asian industrial and technology partners, particularly in shipbuilding, petrochemicals and industrial engineering. A central pillar of cooperation is the Balkan Shipbuilding and Repair Plant in Turkmenbashi, where Korean companies have participated in technology transfer, engineering support and workforce training. The facility was developed with involvement of South Korean partners, including Koryo Shipbuilding Industry Technology Co., Ltd., which has provided technical expertise for the modernization of Turkmenistan’s maritime production capabilities.
A notable result of this cooperation is the commissioning of the cargo vessel Gadamly in May 2026, built at the Balkan Shipbuilding and Repair Plant with Korean technological assistance and recently put into operation by Turkmenistan. Alongside shipbuilding, South Korean firms are also engaged in broader industrial cooperation in Turkmenistan, including petrochemical projects, transport infrastructure development and urban modernization initiatives, reflecting Seoul’s role as a long-term partner in the country’s industrial diversification strategy.
