Ashgabat, Turkmenistan, Sept. 17
By Huseyn Hasanov – Trend:
Turkmenistan is taking measures to enhance the investment activity of small and medium-sized businesses, local TV channel "Altyn Asyr" reported.
More than 1000 enterprises subordinated to the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET) operate in the agro-industrial complex.
The local companies are focused on production of a wide range of agricultural and food products that satisfy the needs of the country's markets.
Some 597 enterprises are functioning in the industry sector, in particular in the area of the production of building materials, textiles and carpets, chemicals, metal products, furniture, faience, glass products, as well as polyethylene and plastic products in demand in the domestic and foreign markets.
President of Turkmenistan Gurbanguly Berdimuhamedov noted at the last government meeting the increasing role of the private sector of the national economy in enhancement of the production of high-quality import-substituting and export-oriented goods.
The head of state stressed that the construction and commissioning of enterprises equipped with modern equipment and high technologies create ample opportunities for provision of Turkmen people with mass-market industrial products, and ensuring the abundance of products in the food market of the country.
According to the state program of Turkmenistan, by 2020, the share of the non-state sector of the economy in the volume of gross domestic product should reach 70 percent. The entrepreneurs are allowed to establish joint ventures with foreign partners by attracting their investments.