In 2025, the main investments will be directed towards the implementation of projects of national and regional importance
13:33 27.01.2025 4796
During the International Year of Peace and Trust in Turkmenistan, large volumes of investment will be directed towards the implementation of projects of national and regional importance, including important oil and gas facilities.
As reported at the government meeting last Friday, in accordance with the instructions of the President of the country, the Ministry of Construction and Architecture, the Ministry of Finance and Economy, together with other ministries, departments, regional major’s offices, the cities of Ashgabat and Arkadag have developed a draft of the “Program for the socio-economic development of Turkmenistan and investments in 2025”.
According to this Program, approved by the head of state during the meeting, this year investments will be directed to the implementation of projects of national and regional importance. Among them: the development of the next stage of the Galkynyş gas field, the construction of the Şatlyk-1 gas compressor station, a section of the Serhetabat -Herat gas pipeline called “Arkadagyň ak ýoly” and is an important part of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline, a combined cycle power plant with a capacity of 1,574 MW in the Balkan region, a new international airport in the village of Jebel, the Ashgabat-Turkmenabat international high-speed highway , and a bridge across the Garabogazgol Gulf .
Particular attention will be paid to the implementation of one of the largest projects in the region – the second stage of construction of the city of Arkadag.
Also, with the aim of improving the living conditions of the country's population, investments will be directed towards the construction of residential buildings, healthcare institutions, secondary schools and kindergartens, highways, water, gas, energy and communications systems, and water treatment facilities.
President Serdar Berdimuhamedov noted that in the International Year of Peace and Trust, our country is successfully implementing urban development policies, and large volumes of investment are being directed towards the construction of buildings and structures for various purposes.
In this regard, the head of state ordered to monitor the construction in compliance with the high quality of the facilities envisaged in the draft “Program for the socio-economic development of Turkmenistan and investments in 2025”.
Serdar Berdimuhamedov put forward new international initiatives under the auspices of the UN in the field of transport
President of Turkmenistan Serdar Berdimuhamedov has put forward new international initiatives under the auspices of the UN in the transport sector for landlocked countries. The head of state spoke about this in a video message to the participants of the International Conference at the level of ministers of transport of developing countries that do not have access to the sea, which opened on August 15 in the «Avaza» National Tourist Zone on the Turkmen coast of the Caspian Sea.
IFT 2025 exhibition opens in the capital of Turkmenistan
On March 17, Ashgabat hosted the grand opening of an exhibition dedicated to the 17th anniversary of the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET). This event, organized by the UIET, the Chamber of Commerce and Industry and the TMT Consulting Group company, became an important platform for demonstrating the achievements of the private sector of our country and attracting investment.
The President of Turkmenistan: the future belongs to the combined transport system
The future belongs to the combined transport system. This was stated by the President of Turkmenistan Serdar Berdimuhamedov in his video address to the participants of the International Conference of Ministers of Transport of Landlocked Developing Countries, which opened on Monday at the Congress Center of the «Avaza» National Tourist Zone on the Turkmen coast of the Caspian Sea.
Foreign and domestic businessmen purchased fuel and energy products at the auctions
24 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Results of the work of the fuel and energy complex of Turkmenistan for January-July were discussed at an off-site meeting of the government
Last Friday, August 12, President Serdar Berdimuhamedov, who is on vacation on the Caspian coast, held an off-site meeting of the Cabinet of Ministers, at which the results of the country's economic development for seven months of 2022 were summed up. Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the results of the oil and gas complex for this period.