Home
\
Politics
\
President of Turkmenistan: investments stand as a key instrument for the development of our economy
Politics
President of Turkmenistan: investments stand as a key instrument for the development of our economy
Published 25.09.2019
1529

Speaking during the meeting of the Halk Maslahaty, President Gurbanguly Berdimuhamedov characterized the paces of socio-economic development of the country in 2019. “It is expected that over the first nine months of this year, total GDP will make up more than 110 billion manat. The GDP growth rate will be 6.3 percent”, emphasized the President of Turkmenistan. “The industrial sector also develops steadily. The industry share in the total GDP is 32.6 percent. “The key tool for the development of our economy through diversification is investments”, the Turkmen leader noted, saying that the volume of investments spent from all sources will make up 29 billion manat (26.2 percent of gross domestic product). “Over the past period, a number of industrial and social facilities have been erected and put into operation. “Tremendous work has been done to improve the city of Ashgabat. In a few years, in the northern part of our capital, we will build a modern city, which will include residential buildings, cultural and social facilities, innovative and high-tech institutions that meet the requirements for business or recreational infrastructure. “On the territory of the Geoktepe etrap, we laid the foundation for the new center of the Ahal velayat. Residential complexes, schools, kindergartens, administrative buildings, the Ruhyet Palace, a drama theater, a library and a museum will be built in this city. “We will pursue the similar policy in the social sphere in future”, underlined the President of Turkmenistan, emphasizing that the state policy prioritized the concern for the welfare of each citizen of the country.

Last news
24.09
State-Level Recognition for Diligent and Exemplary Work
24.09
On the Path of Developing National Science
23.09
Decree of the President of Turkmenistan on declaring the 28th of September, 2026, a non-working day and on moving the day off that falls on Independence Day of Turkmenistan
23.09
The National strategy for industrial development of Turkmenistan for 2030–2045 has been approved
23.09
The National concept «International law and neutrality of Turkmenistan» was approved
23.09
The State program in the field of State youth policy in Turkmenistan for the period up to 2031 has been approved
23.09
The National action plan on human rights in Turkmenistan for 2026–2030 has been approved
23.09
Decree of the President of Turkmenistan on awarding the title of Turkmenistan "Hormatly il ýaşulusy"
23.09
Decree of the President of Turkmenistan on awarding the Order of Turkmenistan «Zenan kalby»
23.09
The President of Turkmenistan congratulated the leadership of the Kingdom of Saudi Arabia
top-arrow