Industrial sector of Turkmenistan: Innovations and Further Development
Industry is a key sector of the national economy. The rich natural resources of the country, advanced production and transport infrastructure turn Turkmenistan into a powerful state. In this regard, this sector remains a priority for the national economic development; diversification, the enhanced competitiveness of goods, the adoption of advanced technologies, the construction of new enterprises and the modernisation of existing ones – all this characterises the progressive formation of Turkmenistan’s industry. Under the far-sighted and wise leadership of the Hero-Arkadag, Turkmen economy has made a tremendous progress in a short time, and now our country is enhancing its economic strength. In this regard, our industry, consisting of complex sectors, is the basic framework of the national economy. Dynamic development is achieved through an effective investment policy. In accordance with the Socioeconomic Development Programme of the President of Turkmenistan for 2019–2025, major projects to increase the production capacity of the industrial sector are being implemented.