Minister of Industry and Construction Production of Turkmenistan Toyguly Nurov made a report at the International Investment Forum in Kuala Lumpur, where he presented the significant potential of the country's industrial sector and outlined the prospects for cooperation.
In his speech, the minister emphasized that under the leadership of President Serdar Berdimuhamedov, large-scale work is being carried out in Turkmenistan to improve the social and living conditions of the population, in which the industrial sector plays an important role.
Toyguly Nurov noted that the ministry has powerful enterprises equipped with advanced equipment. In particular, two stages of the Bakharden cement plant were commissioned in March and May 2024. In addition, in March of this year, a ceramic tile plant with a capacity of more than 3 million square meters of products per year began operating in the Bakharden etrap of the Ahal velayat.
The minister also announced the construction of a glass production plant in the Geoktepe etrap of the Ahal velayat. According to him, for the further development of the country's construction industry, it is planned to create several new industries that will be implemented through investments.
“All this will allow us to further develop the industrial sector of our country, increase and develop the domestic market, and ensure a full and uninterrupted supply of high-quality construction materials, while expanding export opportunities,” Nurov emphasized.
The report paid special attention to the creation of joint ventures and new production capacities in the industry. According to the Minister, given the ongoing diversification of the economy in Turkmenistan, the introduction of high-tech production, active digitalization and rapid development of infrastructure, the potential for cooperation with Malaysia can be used most effectively.
In conclusion of his speech, Toyguly Nurov expressed confidence that the forum will be an important step in expanding long-term relations and will give new impetus to international cooperation, opening up great opportunities for creating joint ventures and establishing modern services.
