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Turkmenistan to build sturgeon breeding farm on Caspian Sea shore

Business Materials 21 January 2013 10:16
It is planned to construct a sturgeon breeding farm on the Caspian Sea shore with the subsequent processing and obtaining caviar in Turkmenistan by February 2015, an official Turkmen source said today.
Turkmenistan to build sturgeon breeding farm on Caspian Sea shore

Turkmenistan, Ashgabat, Jan. 18 / Trend H. Hasanov /

It is planned to construct a sturgeon breeding farm on the Caspian Sea shore with the subsequent processing and obtaining caviar in Turkmenistan by February 2015, an official Turkmen source said today.

The annual production capacity of the complex is expected to increase to 100 tons of sturgeon meat, two tons of sturgeon caviar, 40 tons of smoked fish and 10 million pieces of various kinds of canned fish.

The Myradym private enterprise will act as a contractor. It is part of the Turkmen Union of Industrialists and Entrepreneurs.

Construction operations will be conducted through the Turkmen Union of Industrialists and Entrepreneurs members' credit funds. It was reported in December 2012 that the Turkmen Central Bank is considering allocation of credit funds to finance a similar project. This issue was discussed at a working government meeting.

Turkmen President Gurbanguly Berdimuhamedov has expressed satisfaction with the work and approved the proposals.

Turkmenistan will have the fishery development programme completed by 2030. Before its adoption in 2011, the industry lagged. The lack of connection between fish farms and processing enterprises and the distance from each other hindered the achievement of maximum delivery.

According to the programme, the fishery is expected to be modernised and a modern infrastructure will be created. At this stage the Balkanbalyk state-run company catches fish in the Caspian Sea and processes fishery products and is currently the leading enterprise.

Along with Azerbaijan, Kazakhstan, Russia and Iran, Turkmenistan borders with the Caspian Sea, rich in biological resources.

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