ASHGABAT, Turkmenistan, June 10. The volume of investments disbursed from all sources of financing in Turkmenistan increased by 17.8 percent year-on-year from January through May this year, Trend reports.
This was announced by Deputy Chairman of the Government of Turkmenistan Hojamyrat Geldimyradov at a meeting of the Cabinet of Ministers held on June 7, 2024.
"Compared to the same period last year, the volume of capital investments disbursed from all sources of financing increased by 17.8 percent in five months," he said.
Furthermore, Geldimyradov noted that, within the framework of the national rural program, 52 social facilities, 32 water treatment plants, 480,800 square meters of housing and engineering systems were built during the reporting period.
Meanwhile, Turkmenistan has been experiencing sustained economic expansion, driven by targeted efforts in energy, transportation, and infrastructure development.
The country is actively executing strategies to attract foreign investments, with a strong emphasis on diversifying the economy and enhancing the business environment.