A higher educational institution of the Union of Industrialists and Entrepreneurs of Turkmenistan will appear. The corresponding Decree "in order to provide the private sector of the national economy with highly qualified personnel in the conditions of a new stage of market relations" has been signed today by President Serdar Berdimuhamedov, according to the Information Program "Watan" of the Turkmen Television.
In line with the document, the Central Bank of Turkmenistan will provide funds to the Joint-Stock Commercial Bank "Rysgal", the Union of Industrialists and Entrepreneurs to finance the construction of a higher educational institution.
Construction is scheduled to begin in April 2022, and the facility will be fully commissioned in September 2025.
The Union of Industrialists and Entrepreneurs of Turkmenistan was founded in March 2008 and is a public organization uniting industrialists and entrepreneurs engaged in business activity in the form of private ownership, designed to express and protect the rights and legitimate interests of its members as well as to promote the development of entrepreneurship in the country.