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In accordance with the recently adopted decree of the head of Turkmenistan Gurbanguly Berdimuhamedov, the procedure for issuing public concessional long-term loans intended for the purchase of an apartment or individual housing construction will now be greatly simplified. In addition, the Central Bank of the Republic has taken a number of comprehensive measures that address the challenges arising from this document.


In the course of the meeting of the President of Turkmenistan Gurbanguly Berdimuhamedov and the Prime Minister of Belarus Mikhail Myasnikovich that took place last Friday, August 29 further prospects of bilateral cooperation were discussed. This was stated in the report of the Government of the Republic, in the text of which it was pointed out that the participants were talking about the preparations for the forthcoming official visit of the Turkmen government in Minsk, which is expected this autumn.


The two tow boats previously ordered from a Turkish manufacturer – “Jahan” and “Älem” – arrived at the sea international port of Turkmenbashi, Turkmenistan. The state news service of the republic reported the news, noting that these towing vessels are intended to conduct effective towage of ships from the roads to places of mooring, thereby reducing the time of loading and unloading.


The capital of Turkmenistan is hosting the International Construction Exhibition “Turkmen Construction 2014” organized by the Chamber of Commerce of the Republic together with the departments related to the construction industry. The presidential press service reported the news, noting that the opening ceremony of the event was attended by the leaders of the parliament and government members, representatives of ministries and departments, heads of diplomatic missions and missions accredited in Turkmenistan, as well as representatives of the media and public organizations.


On Wednesday, August 27, the Sixth International Exhibition “Turkmen Construction 2014” began its work in Ashgabat. This year's event is participated by the Magnitogorsk Metallurgical Combine (MMC), one of the largest Russian steel companies. The MMC information department reported the news, noting that the company will showcase a wide range of its steel products primarily related to the construction industry: cold-rolled and hot-rolled sheet steel, profiled rolled and coated metal.



On Tuesday, August 26, the consortium of Japanese and Turkish companies launched a gas-chemical complex for the natural gas procession into gasoline, the facility to be located in Ovadandepe District of Ashgabat Province. The consortium includes two companies: “Ronesans Turkmen” from Turkey and “Kawasaki Heavy Industries Ltd” from Japan. The construction work is carried out under the contract concluded between the Turkmen State Concern “Turkmengaz” and the aforementioned consortium.



The section of the railway linking together Kazakhstan, Turkmenistan and Iran and passing through the territory of Turkmenistan is brought to the border with Iran and is ready for the commissioning. This statement was made in the course of a working meeting on Saturday, August 23, by the Deputy Prime Minister of the Republic Satlyk Satlykov. He also noted that the Turkmen section is an important part of the international transport corridor "North-South", which is being created by its participants at the moment.



A new law on Environmental Impact Audit, aimed at regulating relations in this area has come in force in Turkmenistan. In addition, this document aims at preventing the negative impact of economic and other activities on people’s health and the environment. It is reported that a law has been initiated in connection with a project for construction of the 300 kilometers long Trans-Caspian gas pipeline that passes through the Caspian Sea and Azerbaijan to the European Union.


Four years ago, in December 2010, the capital of Turkmenistan Ashgabat received the right to host the Fifth Asian Indoor and Martial Arts Games scheduled for 2017. Preparations for the Asian Games 2017 are in full blast in the city, and much work has already been done to date. In particular, there has been launched the construction of the Olympic Village, which will become one of the largest facilities of the kind in Asia. The Executive and Organizing Committees has been established, having begun to develop the Master Plan of the Asian Games 2017.



During his stay in the Balkan region of Turkmenistan the President of the Republic Berdymukhammedov held a visiting session of the government of the country. It is reported that the event was dedicated to the course of construction of objects in the territory of the national tourist zone "Avaz" and organizing the process of citizens’ leisure in recreational areas.