Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov, at a meeting of the heads of delegations of Central Asian countries and the Eastern Economic Committee of Germany in Berlin, reported on the positive macroeconomic indicators of Turkmenistan, reports the State News Agency of Turkmenistan.
At present time, about 200 projects are under construction in the country with a total cost of more than 10 billion USD. GDP growth for 8 months of 2023 was 6,2%. Annual investment in the economy amounts to 18-19% of GDP, with the share of foreign investment up to 12%.
Gurbanguly Berdimuhamedov noted that the strategic course towards industrial and innovative growth is ensured by redirecting over 60% of the total investment into the production sector. This makes it possible to change the structure of industry and accelerate the development of import-substituting and export-oriented industries.
“In recent years, Turkmenistan has implemented a number of investment projects in the gas chemical sector of the economy”, emphasized Chairman Halk Maslahaty. “These are new plants built for the production of ammonia, urea, polypropylene, polyethylene, and synthetic gasoline”.
