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Volumes of agricultural products export in Turkmenistan’s Lebap region revealed

Business Materials 25 February 2021 12:21 (UTC +04:00)
Volumes of agricultural products export in Turkmenistan’s Lebap region revealed

BAKU, Azerbaijan, February 25

By Jeila Aliyeva - Trend:

Entrepreneurs of the Lebap region of Turkmenistan exported tomatoes, beans, alfalfa seeds, millet, mung bean, worth about $4.2 million in 2020, Trend reports with reference to Business of Turkmenistan information portal.

The "Goşa käriz" and "Kümüş suw" farms exported 190 tons of beans and made a profit of $88,700 last year.

"Kümüş suw" exported tens of tons of mung bean, while "Uigit", the individual enterprises" Milady "and" Gaýrat "and the " Wahym " farm exported 770 tons of millet.

"Aýdyönmaksat", in addition to alfalfa seeds, began exporting cereals such as millet and mug bean.

The tomato became the most exported product in 2020: 16 private entrepreneurs of the region exported 3,130 tons of tomatoes, worth more than $3.4 million.

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.
Reportedly, agriculture in Turkmenistan is developing rapidly. It is one of the most important sectors of the country's economy. The main types of agricultural crops grown on the territory of Turkmenistan are wheat, cotton, rice, sugar beet, fodder, vegetable, and fruits.

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Follow the author on Twitter: @JeilaAliyeva

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