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Manufacture of industrial products in Turkmenistan’s Balkan region increases

Business Materials 25 April 2021 14:06 (UTC +04:00)
Manufacture of industrial products in Turkmenistan’s Balkan region increases

BAKU, Azerbaijan, April 25

By Jeila Aliyeva - Trend:

Industrial products worth 3.4 billion Turkmen manat ($970.3 million) were manufactured in the Balkan region of Turkmenistan in 1Q2021, Trend reports with reference to the Business Turkmenistan information portal.

The retail trade turnover in the Balkan region amounted to 1.5 billion manats ($436.3 million), which is 118 percent more than in the same period last year.

At the same time, more than 1.400 billion manats (almost $ 400 million) of retail trade turnover was accounted for by the private sector.

As reported, the pace of development of the industrial sector accelerated in Turkmenistan from January through March 2021. The country's production increased by 122.7 percent, lubricating oils - 10.9 percent, cement - 25.6 percent, cotton yarn - 19.7 percent, plastic, and fiberglass pipes - 155 percent.

At the same time, the production of commercial gas increased by 13 percent, flat glass – 5.3 percent.

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Follow the author on Twitter: @JeilaAliyeva

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