Originally constructed next to the Central Square in the old city center, it was the landmark of Ashgabat, until in late 2011 re-opened at its new location at the southern edges of the city.

The tripod construction in concrete, with its decorative legs and belt, dedicated to Turkmenistan recognition as a neutral country by the United Nations in 1993. It is famous for the golden statue of the first president of Turkmenistan, that crowns the top.