Turkmenistan spends over $5B on construction
Turkmenistan commissioned 202 facilities with a total worth of over $5 billion in 2016, the Neutral Turkmenistan newspaper reported.
They include the Ashgabat International Airport, the first phase of the Asian International Railway Corridor (Turkmenistan-Afghanistan), a high-capacity power plant in the country’s Lebap region, a building complex of the University of Engineering Technologies of Turkmenistan named after Oguz Khan and other facilities.
Moreover, residential buildings with a total area of over 1,700,000 square meters, numerous schools and pre-school institutions, healthcare facilities as well as hotels in the Avaza National Tourist Zone were built in 2016.
Being the main supplier of "blue fuel" in Central Asia, Turkmenistan’s potential hydrocarbon resources amount to 71.2 billion tons of oil equivalent, 53 billion of which account for land and 18.2 billion tons – for marine areas, according to a report of Turkmengas State Concern.
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