Turkmen private sector - main producer of food products

Business Materials 9 November 2020 10:43 (UTC +04:00)
Turkmen private sector - main producer of food products

BAKU, Azerbaijan, November 9

By Jeila Aliyeva - Trend:

Most of the food products in Turkmenistan are grown by private farms and business structures of the country, Trend reports with reference to “Turkmenistan: Zolotoy Vek” (Turkmenistan: Golden Age).

The private sector of Turkmenistan collected about 30,000 tons of tomatoes for the past period of 2020, which is four times more than a year ago.

Also, the private sector received about 37,000 tons of potatoes and almost 13,000 tons of onions. The production of melons, fruit and berry products, vegetables and legumes has increased several times.

Turkmen entrepreneurs are working to increase food production by developing new irrigated lands, organizing additional crops on these lands, planting fruit trees and grapes, and expanding the area of greenhouses.

The state provides targeted support for the development of the agricultural sector in the country. In particular, the entire production infrastructure of the agro-industrial sector is being re-equipped and modernized, the chemical industry is developing, and modern tractors, combines, and other equipment are being purchased.

The country has created special agricultural land funds for growing agricultural products from arable land. Thus, land plots for up to 99 years are allocated from these funds for use by joint-stock companies, farmers, other legal entities and citizens of Turkmenistan.

Also, state purchase prices for wheat and cotton have been increased since 2019.

In addition, farmers, agricultural joint-stock companies and research institutes, farmers, private entrepreneurs and other agricultural producers can take advantage of preferential bank loans, including for the purchase of special equipment.

At preferential prices, farmers receive mineral fertilizers, high-quality seeds and chemical plant protection products.

Follow the author on Twitter: @JeilaAliyeva