Economics

News

Economics

19.01.26

7914

A plant in northern Turkmenistan produced over 26,700 cubic meters of precast concrete

Last year, the Dashoguz Precast Concrete Plant produced 26,799 cubic meters of precast concrete, which is almost three thousand cubic meters more than planned. They also manufactured 8 526 cubic meters of expanded clay, a new product at the plant.According to "Turkmenistan: Golden Age," the plant's team quickly mastered the produc...

Economics

17.01.26

31030

Turkmenistan to begin modernization of Ashgabat-Turkmenbashy railway

Turkmen President Serdar Berdimuhamedov has approved the modernization of the Ashgabat–Turkmenbashy railway. Deputy Prime Minister Mammethan Chakyev presented the proposal at a Cabinet meeting, the State News Agency of Turkmenistan reports.The highway connects various regions of the country with the International Seaport of Turkme...

Economics

16.01.26

25435

A business meeting between representatives of Turkmenistan and Armenia was held in Yerevan

A business meeting was held in the Armenian capital with representatives of government agencies and business circles from Turkmenistan and the Republic of Armenia, according to the Armenian Embassy in Turkmenistan.The meeting was attended by companies specializing in the textile and food industries, agriculture, pharmaceuticals, t...

Economics

16.01.26

8574

Turkmen oil workers ensure uninterrupted operation of wells at large fields

Maintenance crews from the Nebitgazdüýpliabatlaýyş Capital Repair Department, part of the “Turkmennebit” State Concern, are maintaining the uninterrupted operation of oil wells at the country's largest fields, according to the Neutral Turkmenistan newspaper.Specialists perform underground and major well repairs at major oil and ga...

Economics

14.01.26

10672

UAE entrepreneurs purchased petroleum products on the Turkmenistan exchange

On January 13, trading took place on the external and internal markets at the Commodity and Raw Materials Exchange of Turkmenistan.Within the framework of foreign market trades, entrepreneurs from the United Arab Emirates concluded deals with the State Concern "Turkmennebit" for the purchase of petroleum road viscous bitumen grade...

Economics

09.01.26

13113

The number of bank cards in Turkmenistan increased by 5,5% by 2025

The number of bank cards in Turkmenistan reached 6,33 million in 2025, an increase of more than 330 108 thousand over the past year, according to data published on the official website of the Central Bank of Turkmenistan.As of January 1, 2025, there were 5,99 million bank cards in circulation, and by the beginning of 2026, this nu...

Economics

09.01.26

26558

“Turkmengaz” announces tender for overhaul of gas turbine engines

The “Turkmengaz” State Concern has announced an international tender for the overhaul of eight DG-90L2 gas turbine engines. This was announced in an announcement published in the “Neutral Turkmenistan” newspaper.To participate in the tender, companies must submit a written application indicating their full name, legal status, coun...

Economics

06.01.26

17729

Turkmenistan is developing entrepreneurship in the agro-industrial complex

Developing entrepreneurship in Turkmenistan's agriculture sector is key to strengthening food security and increasing the competitiveness of the country's agro-industrial complex, reports the “Neutral Turkmenistan” newspaper.State support for entrepreneurship in the agricultural sector, the creation of favorable conditions for doing business, and the attracti...

Economics

05.01.26

43789

Kazakhstan sees prospects for transit through Turkmenistan to Iran

Kazakhstan views the transport route through Turkmenistan to Iran, with access to seaports, as a promising area for developing transit traffic. This was stated by Kazakh President Kassym-Jomart Tokayev in an interview with the Kazakh newspaper Turkistan."Our country is actively participating in the development of China's Belt and...

Economics

05.01.26

19277

Demand for Turkmen urea is growing

Last week, 12 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan. The total value of foreign exchange transactions exceeded 6 million 324 thousand USD.Business representatives from Afghanistan used foreign currency to purchase urea produced at the processing facilities of the “Turkmenhim...

Economics

29.12.25

8292

Turkmenistan is developing freight transport along the “North-South” corridor

Turkmenistan is developing freight transport along the international “North-South” corridor, the country's Ministry of Railway Transport reports."The Ministry of Railway Transport of Turkmenistan is working to develop freight transportation along the “North-South” International Transport Corridor, increase the volume of transit an...

Economics

26.12.25

16020

The “Cheper” factory in northern Turkmenistan is consistently updating its model range

The team at the Dashoguz garment factory "Cheper" of the Ministry of Textile Industry of Turkmenistan is renowned for its wide range and high quality of products.In addition to sewing uniforms for various institutions, the factory produces dozens of types of clothing, bed linen, and home textiles....

Economics

22.12.25

31623

Trade turnover between Turkmenistan and Uzbekistan exceeded 1 billion USD

In January-November 2025, trade turnover between Turkmenistan and Uzbekistan amounted to 1,064 billion USD. This figure is 33 million USD higher than the same period last year, according to the website of the National Statistical Committee of Uzbekistan.Over the first 11 months of this year, goods worth 926,2 million USD were impo...

Economics

22.12.25

12414

An increase in farm production has been reported in the eastern region of Turkmenistan

Over the first 11 months of this year, melon production in Turkmenistan's Lebap velayat increased by nearly 10 percent compared to the same period last year. Lebap farmers grew 183 thousand tons of melons, up more than 15 thousand tons from last year, according to the newspaper "Türkmen Gündogary."There was also an increase of 6,1...

Economics

21.12.25

60780

A new greenhouse complex has opened in western Turkmenistan

A modern greenhouse complex for growing vegetables has been built and put into operation at the Nurly meýdan farm in the Bereket district of the Balkan velayat, reports Turkmenistan: Golden Age.Representatives of the Balkan velayat and Bereket etrap hakimliks, the Union of Industrialists and Entrepreneurs, public organizations, me...

Economics

20.12.25

7612

Turkmenistan and Russia discussed cooperation in digitalizing the land cadastre

A delegation from the Ministry of Agriculture of Turkmenistan paid a working visit to Russia, where they met with the leadership of Rosreestr (the Federal Service for State Registration, Cadastre, and Cartography). The parties exchanged experiences in digitalizing the real estate accounting and registration system and discussed the implementation of joint projects b...

Economics

19.12.25

20981

Turkmen customs officials visited Russia on a working visit

A delegation from the State Customs Service of Turkmenistan, led by Deputy Chairman M. Muhammedov, paid a working visit to the Russian Federation from December 14–18 to discuss the current state and prospects of bilateral customs cooperation. This was reported on the Service's website.The parties paid special attention to the prep...

Economics

17.12.25

19245

In Turkmenistan, the amount of transactions in the “Menzilara Bank” system exceeded 1 billion manats

As of November 1, approximately 1,4 thousand clients, including legal entities, individual entrepreneurs, and businessmen, were connected to the “Menzilara Bank” system of the “Turkmenistan” State Commercial Bank.From January to October of this year, the bank's clients completed approximately 44,5 thousand transactions totaling 1...

Economics

09.12.25

19529

Five Vessels Carrying Heavy Industrial Equipment Successfully Delivered to Turkmenbashi

In 2025, a major logistics operation for the transportation of heavy and oversized cargo for state projects was successfully completed. Five Russian vessels navigated a complex route through the Volga-Don Canal and arrived safely at the International Port of Turkmenbashi. The credit for the effective execution of this operation belongs to...

Economics

05.12.25

23860

Transit processing times at checkpoints in Turkmenistan have been reduced to a minimum

From August to October of this year, the average time for clearing vehicles carrying export and transit cargo at Turkmenistan's automobile customs checkpoints in Garabogaz, Farap, and Dashoguz was 37 minutes, the best indicator among countries in the region.These data are provided on the website of the State Customs Service of Tur...

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