Turkmenistan to master over $20bln in construction sector
Turkmenistan, Ashgabat, March 9 / Trend H.Hasanov /
Turkmenistan will master $23.6 billion in the construction industry in 2010-2011 involving national and foreign investment, an official Turkmen source reported.
The source report that it was voiced at the governmental meeting, attended by President Gurbangulu Berdimuhammedov.
In 2009 the country commissioned the major industrial facilities, including three-facilities on the Malay-Bagtiyarlik pipeline worth $537.5 million inunder the construction of a gas pipeline from Turkmenistan to China, the first part of the Turkmen lake Altyn Asyr worth 2.7 billion Turkmen manat; the Atamurat -Kerkichi railway bridge cost $ 23 million and cotton mill in Turkmenabat worth $85.4 million.
In addition, the country built 235 kilometers of the Uzen-Gizilgaya-Bereket-Etrek-Gorgan railway section length 697.5 km.
In the coming years, Turkmenistan is likely to implement major projects for the further modernization of existing gas turbine power plants and building new ones and ensuring the modernization of the fuel and energy sector through the modern technology.
It is expected to commission an artificial river and sea water desalination and hotels in the tourist area of "Avaza" on the Caspian Sea and build an international airport in the city of Turkmenbashi and etc.
It is planned to raise grain production to 1, 6 million tons, increase the production of cotton and other crops in the agricultural sector.
Regarding the transport and communications sector, the country is likely to continue construction of the motorway, launch the construction and reconstruction of highways Turkmenabat-Dashoguz, continue construction of railways and provide the construction of a new international sea port in Turkmenbashi city. The country also will modernize the textile industry.
Presently, Turkmenistan engaged in economic cooperation with Azerbaijan, Afghanistan, Russia, China, USA, Belarus, Romania, Venezuela, Ukraine, Austria, Germany, Italy, Egypt, Saudi Arabia, Jordan, Iran, Kazakhstan, Tajikistan, Turkey, Uzbekistan and Japan.
In 2009, Turkmenistan signed 116 international agreements. Turkmenistan has acceded to 10 international conventions and other multilateral international instruments.
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