Turkish company to implement textile and tourism projects in Turkmenistan
Turkmenistan, Ashgabat, Feb.20 / Trend corr E. Hasanov /
Turkmen President Gurbangulu Berdimuhammadov discussed textile and tourism projects with Turkish Kotam Enterprises head Muammar Agim, an official Turkmen source said.
The Turkmen textile industry is growing due to the amounts of lint cotton produced in the country. About one million tons of raw cotton will be produced in 2009. The government also focuses on developing the tourism industry along the Caspian shore where the Azava recreation zone is being constructed.
Agim briefed the president on the company's plans, which include building a cotton-spinning plant in Dashoguz.
"All projects run according to a strict schedule," the Turkish businessman said.
The plant will have a capacity of 14,500 tons of cotton yarns per year.
The construction will cost $76.5 million and end by late 2009.
The company also plans to commission a fashion house in Ashgabat and maternity hospital in Akhal.
Berdimuhammadov said Kotam Enterprises is a long-time, reliable partner of Turkmenistan.
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