Azernews.Az

By Aynur Jafarova

Turkmenistan is successfully implementing large-scale projects of international and national importance, President Gurbanguly Berdymukhamedov said at a government meeting.

He said the total cost of the facilities constructed in the country is nearly $42 billion, and this is a bright example.

"The construction of a major seaport in Turkmenbashi has already started. This port which has a strategic importance, aims to become a major transport hub on the shores of the Caspian Sea," Berdymukhamedov said.

Turkmenistan borders with Azerbaijan, Russia, Kazakhstan and Iran on the Caspian Sea. Regional transport projects have been intensified there over the recent years.

The modernized large-capacity vessels of the Turkmen merchant fleet are actively involved in freight cargo transportation in the Caspian Sea, serving international routes from the Turkmenbashi port to the Caspian countries ports. They extend the geography and the specification of transported goods.

Following an international tender, the Gap Insaat, which is part of Calyk Holding, was announced as the general contractor of the construction project of the Turkmenbashi port worth about $2 billion. The project involves the construction of complex structures, including terminals, shipbuilding and ship repair plants and coastal infrastructure facilities.

The country has also started the construction of new enterprises in chemical industry. Along with this, the construction of a plant is being carried out successfully which will determine the creation of a solid base for increased supplies of Turkmen natural gas to foreign countries through diversification of routes.

President Berdymukhamedov also noted that the works on laying the transcontinental North-South railway have entered the final stage. This project is being implemented under a tripartite agreement between Turkmenistan, Kazakhstan and Iran.

Also, new power plants are being constructed in the country. The effective work is being conducted on the development of the new fields. The positive dynamics is also typical for the construction sector.