diff --git a/cmd/crates/soroban-spec-typescript/ts-tests/.env b/cmd/crates/soroban-spec-typescript/ts-tests/.env
index e69de29bb2..39b2454824 100644
--- a/cmd/crates/soroban-spec-typescript/ts-tests/.env
+++ b/cmd/crates/soroban-spec-typescript/ts-tests/.env
@@ -0,0 +1,2 @@
+SOROBAN_NETWORK_PASSPHRASE="Standalone Network ; February 2017"
+SOROBAN_RPC_URL="http://localhost:8000/soroban/rpc"
diff --git a/cmd/crates/soroban-spec-typescript/ts-tests/initialize.sh b/cmd/crates/soroban-spec-typescript/ts-tests/initialize.sh
new file mode 100755
index 0000000000..56749a406e
--- /dev/null
+++ b/cmd/crates/soroban-spec-typescript/ts-tests/initialize.sh
@@ -0,0 +1,60 @@
+#!/bin/bash
+
+# read .env file, but prefer explicitly set environment variables
+IFS=$'\n'
+for l in $(cat .env); do
+    IFS='=' read -ra VARVAL <<< "$l"
+    # If variable with such name already exists, preserves its value
+    eval "export ${VARVAL[0]}=\${${VARVAL[0]}:-${VARVAL[1]}}"
+done
+unset IFS
+
+echo Network
+echo "  RPC:        $SOROBAN_RPC_URL"
+echo "  Passphrase: \"$SOROBAN_NETWORK_PASSPHRASE\""
+
+# Print command before executing, from https://stackoverflow.com/a/23342259/249801
+# Discussion: https://github.com/stellar/soroban-tools/pull/1034#pullrequestreview-1690667116
+exe() { echo"${@/eval/}" ; "$@" ; }
+
+function fund_all() {
+  exe eval "./soroban config identity fund"
+  exe eval "./soroban config identity generate alice"
+  exe eval "./soroban config identity fund alice"
+}
+function upload() {
+  exe eval "(./soroban contract $1 --wasm $2) > $3"
+}
+function deploy() {
+  exe eval "(./soroban contract deploy --wasm-hash $(cat $1)) > $2"
+}
+function deploy_all() {
+  upload deploy ../../../../target/wasm32-unknown-unknown/test-wasms/test_custom_types.wasm contract-id-custom-types.txt
+  upload deploy ../../../../target/wasm32-unknown-unknown/test-wasms/test_hello_world.wasm contract-id-hello-world.txt
+  upload deploy ../../../../target/wasm32-unknown-unknown/test-wasms/test_swap.wasm contract-id-swap.txt
+  upload install ../../../../target/wasm32-unknown-unknown/test-wasms/test_token.wasm contract-token-hash.txt
+  deploy contract-token-hash.txt contract-id-token-a.txt
+  deploy contract-token-hash.txt contract-id-token-b.txt
+}
+function initialize() {
+   exe eval "./soroban contract invoke --id $(cat $1) -- initialize --admin $(./soroban config identity address) --decimal 0 --name 'Token $2' --symbol '$2'"
+}
+function initialize_all() {
+  initialize contract-id-token-a.txt A
+  initialize contract-id-token-b.txt B
+}
+function bind() {
+  exe eval "./soroban contract bindings typescript --contract-id $(cat $1) --output-dir ./node_modules/$2 --overwrite"
+}
+function bind_all() {
+  bind contract-id-custom-types.txt test-custom-types
+  bind contract-id-hello-world.txt test-hello-world
+  bind contract-id-swap.txt test-swap
+  bind contract-id-token-a.txt token
+}
+
+curl -X POST "http://localhost:8000/soroban/rpc" || { echo "Make sure you're running standalone RPC network on localhost:8000" && exit 1; }
+fund_all
+deploy_all
+initialize_all
+bind_all
diff --git a/cmd/crates/soroban-spec-typescript/ts-tests/package-lock.json b/cmd/crates/soroban-spec-typescript/ts-tests/package-lock.json
index 5981685152..da8188ec34 100644
--- a/cmd/crates/soroban-spec-typescript/ts-tests/package-lock.json
+++ b/cmd/crates/soroban-spec-typescript/ts-tests/package-lock.json
@@ -9,6 +9,7 @@
         "@ava/typescript": "^4.1.0",
         "@types/node": "^20.4.9",
         "ava": "^5.3.1",
+        "dotenv": "^16.3.1",
         "soroban-client": "1.0.0-beta.2",
         "typescript": "^5.1.6"
       }
@@ -706,6 +707,18 @@
         "node": ">=8"
       }
     },
+    "node_modules/dotenv": {
+      "version": "16.3.1",
+      "resolved": "https://registry.npmjs.org/dotenv/-/dotenv-16.3.1.tgz",
+      "integrity": "sha512-IPzF4w4/Rd94bA9imS68tZBaYyBWSCE47V1RGuMrB94iyTOIEwRmVL2x/4An+6mETpLrKJ5hQkB8W4kFAadeIQ==",
+      "dev": true,
+      "engines": {
+        "node": ">=12"
+      },
+      "funding": {
+        "url": "https://github.com/motdotla/dotenv?sponsor=1"
+      }
+    },
     "node_modules/eastasianwidth": {
       "version": "0.2.0",
       "resolved": "https://registry.npmjs.org/eastasianwidth/-/eastasianwidth-0.2.0.tgz",
diff --git a/cmd/crates/soroban-spec-typescript/ts-tests/package.json b/cmd/crates/soroban-spec-typescript/ts-tests/package.json
index f184633b65..a05d198be8 100644
--- a/cmd/crates/soroban-spec-typescript/ts-tests/package.json
+++ b/cmd/crates/soroban-spec-typescript/ts-tests/package.json
@@ -2,42 +2,26 @@
   "private": true,
   "type": "module",
   "scripts": {
-    "postinstall": "curl -X POST \"http://localhost:8000/soroban/rpc\" && npm run fund  && npm run deploy && npm run initialize && npm run bindings || { echo \"Make sure you're running standalone RPC network on localhost:8000\" && exit 1; }",
-    "fund:root": "./soroban config identity fund",
-    "fund:alice": "./soroban config identity generate alice && ./soroban config identity fund alice",
-    "fund": "npm run fund:root && npm run fund:alice",
-    "bindings:custom-types": "./soroban contract bindings typescript --contract-id $(cat contract-id-custom-types.txt) --output-dir ./node_modules/test-custom-types --overwrite",
-    "bindings:hello-world": "./soroban contract bindings typescript --contract-id $(cat contract-id-hello-world.txt) --output-dir ./node_modules/test-hello-world --overwrite",
-    "bindings:swap": "./soroban contract bindings typescript --contract-id $(cat contract-id-swap.txt) --output-dir ./node_modules/test-swap --overwrite",
-    "bindings:token": "./soroban contract bindings typescript --contract-id $(cat contract-id-token-a.txt) --output-dir ./node_modules/token --overwrite",
-    "bindings": "npm run bindings:custom-types && npm run bindings:hello-world && npm run bindings:swap && npm run bindings:token",
-    "deploy:custom-types": "(./soroban contract deploy --wasm ../../../../target/wasm32-unknown-unknown/test-wasms/test_custom_types.wasm) > contract-id-custom-types.txt",
-    "deploy:hello-world": "(./soroban contract deploy --wasm ../../../../target/wasm32-unknown-unknown/test-wasms/test_hello_world.wasm) > contract-id-hello-world.txt",
-    "deploy:swap": "(./soroban contract deploy --wasm ../../../../target/wasm32-unknown-unknown/test-wasms/test_swap.wasm) > contract-id-swap.txt",
-    "install:token": "(./soroban contract install --wasm ../../../../target/wasm32-unknown-unknown/test-wasms/test_token.wasm) > contract-token-hash.txt",
-    "deploy:token:a": "(./soroban contract deploy --wasm-hash $(cat contract-token-hash.txt)) > contract-id-token-a.txt",
-    "deploy:token:b": "(./soroban contract deploy --wasm-hash $(cat contract-token-hash.txt)) > contract-id-token-b.txt",
-    "deploy:token": "npm run install:token && npm run deploy:token:a && npm run deploy:token:b",
-    "deploy": "npm run deploy:custom-types && npm run deploy:hello-world && npm run deploy:swap && npm run deploy:token",
-    "initialize:token:a": "./soroban contract invoke --id $(cat contract-id-token-a.txt) -- initialize --admin $(./soroban config identity address) --decimal 0 --name 'Token A' --symbol 'A'",
-    "initialize:token:b": "./soroban contract invoke --id $(cat contract-id-token-b.txt) -- initialize --admin $(./soroban config identity address) --decimal 0 --name 'Token B' --symbol 'B'",
-    "initialize:tokens": "npm run initialize:token:a && npm run initialize:token:b",
-    "initialize": "npm run deploy:token && npm run initialize:tokens",
+    "postinstall": "./initialize.sh",
     "test": "ava"
   },
-	"devDependencies": {
-		"@ava/typescript": "^4.1.0",
-		"@types/node": "^20.4.9",
-		"ava": "^5.3.1",
-		"soroban-client": "1.0.0-beta.2",
-		"typescript": "^5.1.6"
-	},
-	"ava": {
-		"typescript": {
-			"rewritePaths": {
-				"src/": "build/"
-			},
-			"compile": "tsc"
-		}
-	}
+  "devDependencies": {
+    "@ava/typescript": "^4.1.0",
+    "@types/node": "^20.4.9",
+    "ava": "^5.3.1",
+    "dotenv": "^16.3.1",
+    "soroban-client": "1.0.0-beta.2",
+    "typescript": "^5.1.6"
+  },
+  "ava": {
+    "typescript": {
+      "rewritePaths": {
+        "src/": "build/"
+      },
+      "compile": "tsc"
+    },
+    "require": [
+      "dotenv/config"
+    ]
+  }
 }