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Turkmenistan

29.02.2016

Vigorous activity in the industrial sector, in conjunction with promotion of export development with a focus on modernization and diversification of the industry, will allow to reduce the risks associated with the volatility of the current commodity world prices, thus supporting the growth of the economy of Turkmenistan. This is stated in the report of the Institute of Economic Development and Strategic Planning of Turkmenistan.

29.02.2016

In Ashgabat, the Turkmen capital, most construction projects have been stopped because of the shortage of workers, which is a result of deportation of foreigners and non-residents from the city by the order of President Gurbanguly Berdimuhamedov. The document was focused on improving the current system of private apartment renting, which resulted in a series of raids carried out by the state bodies. Consequently, according to a number of local publications, many construction projects began experiencing an acute shortage of work force.

 

25.02.2016

At present, Turkmenistan conducts works aimed at improving regulations in the areas of certification and standardization of products and services in compliance with the national mark of conformity. This is stated in the text of the government message published on February, 22. In accordance with the provisions of the laws of Turkmenistan “On Certification” and “On Standardization,” the competent authorities approve specifications and national standards, and determine the procedure for their registration.

 

25.02.2016

At present, Turkmenistan conducts works aimed at improving regulations in the areas of certification and standardization of products and services in compliance with the national mark of conformity. This is stated in the text of the government message published on February, 22. In accordance with the provisions of the laws of Turkmenistan “On Certification” and “On Standardization,” the competent authorities approve specifications and national standards, and determine the procedure for their registration.

 

23.02.2016

During the recent Ashgabat-based meeting of the Government of Turkmenistan, President Gurbanguly Berdimuhamedov gave instructions related to strengthening the productive capacity of the national fuel and energy complex. In particular, he spoke about introducing innovative technology and attracting foreign investment in large infrastructure projects. So reads the text of the government press release published on February 20.

 

23.02.2016

On March 1, 2016, Turkmenistan will introduce the procedure of obligatory state insurance against fire for legal entities, including foreign ones. A number of local publications reported the news, noting that the corresponding decree was signed by President Gurbanguly Berdimuhamedov.

22.02.2016

The Turkmen State Concern 'Turkmenneft' starts implementation of the plans for development of the hydrocarbon fields located in the Turkmen sector of Caspian Sea. According to the Ministry of Oil and Gas, the current resources of Turkmenistan on the Caspian shelf are estimated at 6.5 trillion cubic meters of gas and 12 billion tons of oil, not taking into account the already contracted blocks. The document also says that the first task in this area was the development of the North Goturdepe deposit located in the shallow part of the Caspian Sea.

 

21.02.2016

Europe's largest clothing retailer network, owned by the Swedish company H&M has refused to use cotton of Turkmen origin in their products. The reason for such a step is allegedly the fact that this Central Asian country uses child labor in the cotton fields. The company has made the appropriate official statement, saying that all the H&M suppliers must refuse from procurement of cotton grown in Turkmenistan. Otherwise, the company will terminate cooperation with them.

 

19.02.2016

On February 17, President of Turkmenistan Gurbanguly Berdimuhamedov visited the Turkmenbashi international sea port, where he familiarized himself with the ongoing construction work. According to the press service of the Turkmen government, the head of the country had a meeting with director of Turkish Gap Inşaat Ahmet Calik and representatives of Inros Lackner AG (a German consulting company). Worth recalling, the Turkish company is the contractor for the project.

 

17.02.2016

The capital of Turkmenistan witnessed the completion of construction of a facility specializing in manufacture of a wide range of carpets and rugs, as announced on the government website on February 15. The new factory was built on request of the company Abadan Challah by a private contractor – a construction company affiliate to the Union of Industrialists and Entrepreneurs.