The Concept of development of digital economy for 2019 – 2025 is elaborated in Turkmenistan. The Concept, which is planned to be implemented in three phases, outlines the objective, goals and the main directions of development of digital economy of the country as well as the activities for improvement of the input of information and communication technologies to the formation of the GDP, improvement of digital sphere of national economy.

Annual production of 23 thousand of knitted articles has been arranged in the workshop of Ashgabat Fashion House of the Ministry of Textile Industry under the realization of the State programme on import substitutive production. Provision of the workshop with advanced equipment as well as modern machine tools allowed producing various jumpers for adults and children and sport suits. It was reported to the Head of the State by Vice-premier K. Durdymyradov at the session of the Government.

Information about the measures taken for establishment of transport and transit cooperation in transnational Lapis – Lazuli Route was presented at the session of the Government on October 26.

A solemn commissioning ceremony of the particleboard manufacturing plant with the annual capacity of 20 thousand cubic meters took place in Oguzhan district of Mary province.

The strategy on the diversification of the national economy of Turkmenistan is oriented to the establishment of high-productive and innovative industrial enterprises, the development of the communications, transit and transport infrastructure, the increase of the export potential of the country.

Cotton growers in Geoktepe etrap, Ahal Velayat are the first in the country to fulfill their contractual obligations – they delivered more than 9,250 tons of ‘white gold’ to the receiving points of the country.

New automatic railway loading facility of Kenar Oil Terminal was put into operation at Turkmenbashy Refinery Complex.

53 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Multifunctional exhibition of good made in the PRC will be organized in Ashgabat. Participation of more than 100 companies from the PRC working in computer technology, oil, gas and chemical industry, energy, construction and construction materials spheres, light and food industry, heavy engineering and agriculture is expected in the review. The exhibitors will make the presentation of their products – modern equipment and production technologies. Negotiations and ‘round table’ meetings will be held at the fields of the forum.

At the session of the Government on October 19, Vice-premier G. Myradov reported on the preparation of the drafts of the State budget, the main directions of social and economic development of Turkmenistan and Investment Programme for 2019. The documents, which were coordinated with relevant departments, stipulate special means for financing of the events for implementation of advanced technologies and transfer to digital economy in all branches.