NEWS

New enterprise of coffee products

In the suburbs of Anau, in Magtymguly farmers’ association of the Ak Bugday etrap of the Ahal velayat, with the participation of members of the Halk Maslahaty, deputies of the Mejlis of Turkmenistan, heads of the hyakimliks of the Ahal velayat and the Ak Bugday etrap, members of the Union of Industrialists and Entrepreneurs of Turkmenistan, representatives of public organisations and labour collectives, a ceremonial commissioning of a new enterprise for the production of coffee and coffee products of the NesilCoffee brand of entrepreneur Tejenmyrat Bayramdurdiyev, built by the Mert Ýaran private enterprise, took place. This event is another vivid evidence of the successful implementation of the policy of progressive reforms and large-scale transformations, pursued by the President of the country, that contribute to the dynamic socioeconomic development of the regions and the creation of all the conditions for the growth of the welfare of the Turkmen people.

20 December 2024

Entrepreneurship

Priorities of National Economy

The development of the textile industry of the national economy is a key priority of the socioeconomic policy of our esteemed President Serdar Berdimuhamedov. Thanks to the well-thought strategy of the National Leader of the Turkmen people Hero-Arkadag and Arkadagly Hero Serdar, Turkmenistan’s textile industry is capable of performing the entire cotton processing process and manufacturing finished products of the highest quality that are in great demand around the world. Today this industry is developing dynamically; it is a bright symbol of the economic potential of the country that has embarked on the rails of rapid industrial development and active integration into the system of relations with the world community. The textile industry is the crucial multi-branch and innovatively attractive sector of Turkmenistan’s economy.

26 April 2024

Entrepreneurship

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.

5 April 2024

Entrepreneurship

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.

22 March 2024

Entrepreneurship

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.”

16 February 2024

Entrepreneurship

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.

1 June 2023

Entrepreneurship

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.

23 October 2022

Entrepreneurship

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.

9 September 2022

Entrepreneurship

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

5 August 2022

Entrepreneurship

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.

8 July 2022

Entrepreneurship