Ashgabat, Turkmenistan, Aug. 31
By Huseyn Hasanov- Trend:
Turkmenistan is preparing a draft of the investment program of the country for 2016, the message of the government of Turkmenistan said.
Work on the document is held in conjunction with the relevant ministries and departments, scientific institutions and local administrations.
The volume of spent investments for 2015 will amount to 51.5 billion Turkmen manats in total in the country, according to preliminary calculations. For 2016, it is planned to allocate 56.2 billion Turkmen manats for the development of the sectors of the national economy at the expense of all sources of financing, according to the message.
In 2016 it is planned to invest 65.5 percent of investment funds in the construction of production facilities, and 34.5 percent in buildings and social and cultural facilities.
President of Turkmenistan Gurbanguly Berdimuhammadov said at the Cabinet meeting that in the investment program it is necessary to provide a package of measures to ensure the smooth construction of major facilities for the processing of hydrocarbon resources, the development of processing industry on the basis of enterprises of different types of property.
At the same time, the document should include measures for the development of import-substituting and export-oriented production, improving food abundance by reforming agricultural sector, creating new jobs in all regions of the country, ensuring the social protection of the population.
Edited by CN