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Over the 25 years since Turkmenistan obtained independence, the country has invested over $144 billion in the basic production assets. President Gurbanguly Berdimuhamedov reported this information during the recent meeting of the Elders Council in Ashgabat. According to him, over the quarter of a century, there have been built and commissioned 544 large production and non-production facilities. The industrial sector has also demonstrated a the rapid pace of development, as evidenced by the fact that the volume of industrial output grew more than sevenfold in 1991-2016.



During January-August 2016, the growth in Turkmenistan's gross domestic product amounted to 6.2 percent, as reported by the Ministry of Development and Economy on September 15. The industrial sector's growth rate increased by 1.9 percent, and the growth in the construction industry was 4.4 percent, while trade grew by 15.6 percent. Good results were also showed by the transport and communication sector, where the growth reached 10 percent. The agricultural sector's growth rate was 9.3 percent, while the service sector experienced an increase of 9.8 percent.



On September 19, “Rosaviation” will cease to provide air navigation services to flights that are carried out by aircraft of “Turkmen Airlines” through the airspace of the Russian Federation. On September 14, representatives of the Russian company reported the news, adding that such a step is taken due to Turkmenistan's outstanding debts for provision of such services.



On September 14, the capital of Turkmenistan witnessed a meeting of the Council of Elders, during which a new constitution was adopted. In addition to the Elders delegation from all regions of the country, the Council was attended by the entire parliament of the republic. During the Council of Elders, the deputies of the supreme legislative body of Turkmenistan voted on the adoption of a new constitution.



The capital of Turkmenistan has hosted the 21th regular meeting of the working group of the UN Special Programme for the Economies of Central Asia on sustainable transport, integration and transit. This event was participated by delegations of the countries that are members of the SPECA: namely, Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan and Azerbaijan. In addition, the meeting was also attended by representatives of the ESCAP, which is one of five regional commissions of the United Nations Economic and Social Council and the UN European Economic Commission.



In December 2018, Turkmenistan will put into operation its first gas turbine combined-cycle power plant with an installed capacity of 1,574 MW. The power plants will be delivered by the company “General Electric,” which has shown a project of gas turbines for this plant during the international exhibition “Main directions of further development of the energy industry of Turkmenistan” that was held in Ashgabat on September 8-10.


On September 8-10, Ashgabat will host the international energy conference on the role of Turkmenistan in electricity distribution in the Middle East and Central Asia. The organizers of the event are the Ministry of Energy of Turkmenistan and the Chamber of Commerce. The upcoming international conference will bring together representatives of many countries: Russia, Belarus, the USA, China, France, Kazakhstan, Germany, Turkey, Japan, Great Britain, Iran, Uzbekistan and others.



Turkmenistan's government has decided to test the level of knowledge of students of secondary schools with participation of foreign experts. As reported by a number of local media, schools in a number of provinces of the country have plans afoot to conduct tests for Grade 4 students. This measure will be taken to check the possibility of switching back to the 10-year secondary education system instead of the current 12-year system.



In October 2016, the Turkmenbashi complex of oil refineries will commission a new plant that will produce polypropylene film. According to the press center of the Turkmen oil and gas industry, at the present time construction works are nearing completion on a shop floor with a total area of 6,000 square meters. In September, there will be started commissioning works.


The new plant will have an annual capacity of 21,000 tons of products. The general contractor for construction of the new plant is PT Istana Karang LAUT (Malaysia).



Turkmenistan is currently discussing the possibility of diversifying gas exports by beginning to supply it to the European Union. On August 29, this statement was made by President Gurbanguly Berdimuhamedov during a joint press conference with German Chancellor Angela Merkel. According to the Turkmen leader, the country hopes to sell its gas to Europe and is already in talks with the leaders of the non-EU countries with a view to settling the technical and legal issues.