Key role in improvement of production potential of the country, transit of the economy to innovative development diversification of industrial sector by stimulating of new directions is given to the State and private partnership. Targeted selection of such “points of growth” according to economic strategy developed by President Gurbanguly Berdimuhamedov is represented by the process of formation of investment portfolio including the most promising projects, in other words, those, which were tested and found to be ready for quality assurance and analysis from the investments and business plan points of view.

Galla Bayramy, a holiday based on primordial traditions of reverence of bread as a symbol of prosperity, is traditionally observed on the third Sunday of July in Turkmenistan.

At the construction site in the city of Garabogaz (Balkan velayat) plant for the production of carbamide has entered a phased start-up and adjustment work

Air transport is one of the most dynamically developing modes of transport, whose importance grows with the increase in the structure of world trade of the proportion of ready and expensive products.

Export of Turkmenistan in January-May 2017 compared to the same period in 2016 has increased by 1.3 percent.

At the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan 27 transactions were registered this week.

Specialists of a number of ministries and departments of Turkmenistan visited the leading machine-building enterprises of Germany, including the largest plants of “John Deere” located in Mannheim, Bruchsal and Zweibrücken, where they familiarized with the production process. Turkmen delegation also visited the European Technology and Innovation Center (ETIC) in Kaiserslautern.

Over the first six months of 2017, the Turkmenbashi Refinery Complex and Seidi Refinery outstripped the supply targets by 103.7 percent and delivered some 3.3 million tons of petroleum.

In the first half of 2017 Turkmenistan’s industrial sector saw an increase in production, in particular in the energy, oil refining, metallurgy, light and printing industries.

Turkmen delegation left for Frankfurt where the first day of joint business event “Turkmenistan – Germany: the Potential of perspective cooperation” was held.