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USAID project on development of entrepreneurship and business environment in Turkmenistan launched

18:3011.02.2020
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USAID project on development of entrepreneurship and business environment in Turkmenistan launched

Today, the US Agency for international development (USAID) officially launched a project to develop entrepreneurship and the business environment in Turkmenistan, the US Embassy in Ashgabat reported.

The project will support Turkmen enterprises in creating new jobs, improving the competence of employees, increasing sales and exports in target sectors of the economy, including information and communication technologies, food processing, carpet weaving, leather products and hand-made products

The project will assist sustainable, leading companies and organizations in developing long-term strategies to achieve their goals through bilateral interaction and joint project financing.

The round table on this occasion was attended by 30 representatives of companies and organizations from the target sectors of the economy.

In his welcome speech to the participants, U.S. Ambassador to Turkmenistan Matthew S. Klimow said: "We want to not only unite Turkmen companies and help them build business relationships with Central Asian partners, but also go further and develop cooperation with American and international companies to establish long-term relationships with them and attract investment."

The participants of the round table discussed approaches and methods of project implementation, which involve the use of innovative solutions to attract investment and ensure the growth of sales and export volumes in the target sectors of the economy. The discussion also focused on improving the skills and competence of employees, which will be addressed through trainings organized by USAID for women and young people. USAID stands for entrepreneurs entering fast-growing markets, creating a favorable environment for business development and investment of companies in order to ensure their development and sustainability.

Detailed information is available on the website and on the Facebook page. Information about the project for the development of entrepreneurship and the business environment is here.

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