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Turkmenistan plans to increase investments in agricultural sector

Turkmenistan Materials 26 September 2023 01:00 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, September 26. Turkmenistan plans to increase investments in the agricultural sector, Trend reports.

This was stated by the President of Turkmenistan Serdar Berdimuhamedov at a meeting of the People's Council of the country held on September 24, 2023.

The head of state noted that this year the industry will master the invested investments in the amount of 1.6 billion Turkmen manat ($457.98 million).

"Currently, all farms contain 2.53 million cattle, 20.09 million sheep, almost 22 million chickens, and 141,000 camels," Berdimuhamedov said.

The president also noted that in order to introduce international experience in the field of agriculture and animal husbandry, it is necessary to develop relations with the leading countries of the world, and also stressed the need to increase yields and improve seed production.

He added that for this purpose it is planned to introduce selected crop seeds into production and modernize the work of seed farms at the level of international standards.

Turkmenistan's agricultural sector receives targeted support from the government. Farmers, private entrepreneurs, and other agricultural producers can benefit from preferential bank loans. Farmers receive mineral fertilizers, high-quality seeds, and chemical plant protection products at preferential prices.

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