Turkmenistan, Ashgabat, July 5 / Trend H.Hasanov /
The construction industry in Turkmenistan is one of the most important sectors and foreign firms are highly involved in continuing projects, the Turkmen construction ministry said on Thursday.
Large funds are allocated for the implementation of large targeted programs allocated. At present, construction of about 2,100 facilities worth $32.3 billion is underway in Turkmenistan.
City planning program being implemented in the capital covers all aspects of city life, and in order to improve the reliability of power supply of Ashgabat it is planned to implement a project worth almost 2.3 billion euros until 2020.
For successful holding in Ashgabat of V Asian Games the construction of the Olympic village has already started, and almost $2 billion U.S. dollars are provided for the first phase of the project.
During implementation of the National Programme to improve the social and living conditions in villages, townships, cities of etraps (districts) and regional centers until 2020 more than $ 1.4 billion investment has already been mastered.
Major construction work is carried out in the Avaza national tourist zone. In July 2010 a new phase of Avaza development was launched, as part of which a number of new recreational, sporting, cultural and entertainment centers, modern industry has greatly expanded sports and entertainment will be built.
The growth rate of real GDP in the construction is growing. In 2010, in the construction sector 120 facilities and buildings, industrial, social and cultural facilities totaling $4.8 billion were built.