The entrepreneurs from Turkey and Iraq purchased for foreign currency gasoline produced by Turkmenbashy Refinery Complex

Speaking at the session of the Cabinet of Ministers of Turkmenistan, President Gurbanguly Berdimuhamedov placed special emphasis on the progress of reforms in the economic sphere. As mentioned, construction of 1900 major facilities worth 45 billion USD is underway in the country. About 1800 of those are being built by the local construction enterprises.

The Ministry of Industry of Turkmenistan has announced an international investment tender for the construction of a production line with a capacity of 300-600 thousand tons of cement per year within the Kelyata Cement Plant.

The seventh meeting of the Joint Turkmen-German Working Group, the agenda of which included issues of increasing partnership in the trade and economic sphere, has been held in Ashgabat.

More than a quarter from eight thousand hectares intended for rice in Dashoguz velayat have already been sown in the specialized farms of Saparmurat Turkmenbashi etrap.

As reported earlier, at the Government session held on 5 May, President Gurbanguly Berdimuhamedov was informed of the preparation for the grain harvesting season by the Deputy Chairman of the Cabinet of Ministers of Turkmenistan in charge of the country’s agriculture, E.Orazgeldiyev. New equipment, John Deere W540 grain combine harvesters, whose first batch of about 50 units has already arrived in Turkmenistan, will be used during the upcoming harvesting campaign.

For foreign currency, entrepreneurs from Russia, United Arab Emirates, Hong Kong, Afghanistan and other countries bought polypropylene and gasoline produced at Turkmenbashy Refinery Complex. Besides, the extract of licorice, cotton fabric and thread, cotton fibre, regenerated fibre, cotton wastes were sold for foreign currency to the businessmen form Russia, UAE, Turkey and Serbia. Total amount of transactions exceeded 16 934 000 US dollars.

Drilling operations conducted by specialists of the State Concern “Turkmennebit” to drill the super-deep well in the country with the design depth of 7 thousand 150 meters, in the range of 6,689-6,695 meters, resulted in an industrial inflow of natural gas.

The new seaport will create the most favorable conditions for European countries to enter the commodity and raw materials markets of the Near and Middle East, as well as to the states of the Indian Ocean basin, allowing the freight flows to significantly reduce the distance and travel time.

During a meeting, aspects of building up trade and economic cooperation and cultural and humanitarian relations will be discussed.