Turkmenistan to build $9 bln worth facilities by year-end
By Aynur Jafarova
Turkmenistan will construct around 419 large facilities worth
over $9 billion by late 2014, local media reported.
The investments made in the various sectors of the national economy
increased by 8.3 percent in the first six months of 2014 compared
to the same period of 2013.
Turkmenistan achieves impressive success in the implementation of
its socio-economic strategy. The GDP per capita in the country
amounted to $19,000.
Since early 2014, Turkmenistan's foreign trade turnover has
exceeded $21 billion.
The main exporting countries were Iran, Russia, China, Georgia,
Italy, Turkey, Afghanistan and others, while the dominant importing
countries were Turkey, China, Russia, United Arab Emirates, Iran,
France and Germany.
The share of oil and oil products, gas, vegetable oil, textile,
cotton fabric and other goods is huge among the country's exporting
products.
Turkmenistan is gradually passing to market economy. This was reflected in the constitution. The national currency was denominated. The exchange rates were unified. The country passed to the international accounting standards in 2014.
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