NEWS

Exhibition of Turkmenistan’s Trade Sector Held in Ashgabat

An exhibition of Turkmenistan’s trade sector was held at the Chamber of Commerce and Industry, vividly showcasing the progress, inexhaustible potential and promising areas for development of the national economy in the period of the Revival of the New Era of the Powerful State. At the exhibition, over 210 companies and enterprises of the trade sector and the Union of Industrialists and Entrepreneurs, operating in various fields, demonstrated the high quality of goods and a wide range of services.

Improvement of Market Relations – Economic Model of the Development of Turkmenistan

A Large-Scale Forum of the Union of Industrialists and Entrepreneurs Takes Place in Ashgabat A large-scale exhibition took place at the Expo Centre of the Chamber of Commerce and Industry, presenting the achievements and opportunities of the private sector of the national economy. As part of the exhibition, a conference was also held.

Entrepreneurship: Export Potential

Based on the results of a prestigious industry competition within the framework of the International Exhibition “Prodexpo-2024”, the products of a confectionery company Balam received the highest appraisal – a gold medal and five diplomas from the International Competition “Best Product 2024”. By promoting high-quality food products to world markets, the enterprise makes a worthy contribution to the implementation of government programmes to increase the volume of exports of goods produced in Turkmenistan and to substitute imported products. Our correspondent met with the Director of the confectionery enterprise Serdar Begjanov, who shared his general impressions of the exhibition and talked about the products presented by Balam. “Prodexpo is a large-scale exhibition of all segments of the food market in Russia, the CIS countries and Eastern Europe in terms of the area of its pavilions and professional interest. Prodexpo 2024 brought together more than 2,000 participants from 40 countries. A wide range of food and beverage products were presented at 28 thematic salons of the exhibition. In addition, prestigious professional competitions are held on the side-lines of the forum. Prodexpo is one of the ten largest food exhibition projects in the world and is the most authoritative annual event in the food industry.”

STATE SUPPORT FOR YOUTH ENTREPRENEURSHIP

In Turkmenistan, special attention is paid to youth entrepreneurship. One of the state policy priorities is to support and encourage youth entrepreneurship. Today, the need to intensify youth initiatives in the state and public life is not only a way to create employment opportunities for the population, but also an important area of the social and economic development of the country.  In the modern epoch, the role of small and medium sized businesses in Turkmenistan’s economy is increasing from year to year. The programmes that set forth the main areas of support for small and medium sized businesses and young entrepreneurs are the Revival of the New Epoch of the Powerful State: National Social and Economic Development Programme of Turkmenistan for 20222052, the Social and Economic Development Programme of the President of Turkmenistan for 20222028 and the State Programme to Support Small and Medium Sized Businesses for 20182024.

New city with digital platform

«7/24. tm», № 43 (126), 24.10. 2022 In the picturesque foothills of the Kopetdag, the future administrative center of the Akhal velayat has acquired visible outlines. Already approaching from afar, you are amazed at the scale of construction. All this became possible thanks to Arkadaglu Serdar and the Hero-Arkadag, on whose initiative the Akhal velayat will have a new modern administrative center.

Agroindustrial Complex: Modern Trends and Development Prospects

Issues of the food sector development and the satisfaction of the demand of the population for food in a wide range and of high quality are constantly in the focus of government attention. To effectively address them, the State Commission for Ensuring Food Security has also been established. The agricultural sector is one of the key segments of the economy of Turkmenistan. Favourable natural and climatic conditions that the country has and the well-thought-out strategy of the state in this direction contribute to the dynamic development of the agroindustrial sector. The country creates all the necessary conditions for the high-performance work of farmers and the growth of rich harvests of crops, thanks to which nutritious and environmentally friendly vegetables and fruit, which are very popular both in the domestic and world markets, are grown in our land.

Import substitution: new reality

In recent years, Turkmenistan’s private sector has significantly expanded its presence in the domestic market. Through large-scale efforts to replace imports and to create new industrial areas for Turkmen economy, the list of competitive domestically produced goods is increasing with every passing day. Turkmen entrepreneurs have made significant progress in the food industry. The products made by Turkmen manufacturers continuously replenish the list of domestic goods, contributing to import substitution and enhancing the export potential of our country. In this regard, the state policy priorities include food safety and quality, the adoption of modern automation technologies and the computerisation of the business environment. High-demand products

Entrepreneurship: In Priority Areas

In accordance with the instructions of President Serdar Berdimuhamedov, a set of strategic development areas of small and medium-sized businesses is expanding, it includes various tools to support small and medium-sized businesses. An important component in achieving the goals is the State Programme to Support Small and Medium-Sized Businesses and the Action Plan for 2018–2024. This document was adopted in accordance with the Law of Turkmenistan “On State Support for Small- and Medium-Sized Enterprises”, which will ensure the successful implementation of the Socioeconomic Development Programme for 2019–2025.

An­ti­sep­tics from turk­men ma­nu­factu­rers

In mo­dern con­di­tions around the world, the is­sues of di­sin­fecti­on in pub­lic places are of par­ticular im­por­tance. In this re­gard, to­day hy­gie­ne pro­ducts are in great de­mand, which accor­ding­ly gives ri­se to supp­ly. The­re­fo­re, in recent years, the num­ber of en­terp­ri­ses specia­li­sing in the pro­ducti­on of de­ter­gents and di­sin­fectants has no­ticeab­ly increa­sed in Turk­me­nis­tan. In or­der to find out how the an­ti­bacte­rial supp­lies we use dai­ly are ma­de, cor­res­pon­dents of the NT news­pa­per went to the Täç Hil in­dividual en­terp­ri­se.

The Net­work of Hot­hou­ses Expands

The net­work of hot­hou­ses is gro­wing with new facili­ties: with the par­ticipa­tion of the he­ad of sta­te, six lar­ge comp­lexes, built by mem­bers of the Union of In­dust­ria­lists and Ent­rep­re­neurs of Turk­me­nis­tan (UIET), we­re com­mis­sio­ned in all velayats of the count­ry in 2021. Two such facili­ties we­re la­unched in the Ahal velayat, one in the Kaah­ka et­rap, with an area of eight hecta­res out of 27 lea­sed ones, the de­sign capacity of which is three thou­sand ton­nes of pro­ducts a year (Oguz­ýo­ly Private En­terp­ri­se) and anot­her in the Ak Bug­day et­rap of five hecta­res with an an­nual po­ten­tial of 500 ton­nes of harvest (Daş­de­mir Private En­terp­ri­se). In the Bal­kan velayat, at two hecta­res of a hot­hou­se, mo­dern high-tech equip­ment for plant care was put in­to ope­ra­tion by a private ent­rep­re­neur Sa­par­dur­dy Naz­liyev, who decided to grow fruit, plan­ning to yield up to 50 ton­nes of vita­min pro­ducts a year. In the Char­jev et­rap, Le­bap velayat, Al­tyn Bür­güt private en­terp­ri­se grows to­ma­toes in a hot­hou­se with an area of 8.5 hecta­res; at pre­sent, so­wing activities are car­ried out the­re for the new sea­son. One hund­red peop­le work the­re. In the Sa­karcha­ga et­rap, Ma­ry velayat, the Mäh­ri­ban Obam private