Private Sector’s Share in Industrial Production in Balkan Velayat Grows
Over the past nine months of this year, the private sector’s share in the velayat’s retail trade exceeded 90%.
In Turkmenistan, entrepreneurs are actively involved in the development of new sectors of the economy, including in the industrial processing of minerals using advanced technologies.
According to the Türkmenistan newspaper’s Friday issue, over the past nine months of this year, the private sector accounted for more than half of the industrial production in Balkan velayat, producing around 5.51 billion manats worth of products.
Over the period, the private sector’s share in the velayat’s retail trade exceeded 90%.
Preserntly, the number of large industrial facilities and social structures built by members of the Union of Industrialists and Entrepreneurs of Turkmenistan in Balkan velayat is growing.
Established in 2008, the Union of Industrialists and Entrepreneurs of Turkmenistan unites over 24 thousand businesspeople working in various sectors of the economy. The UIET members have created more than 10 thousand jobs of various specializations.
Top news
-
25.06.2025
Turkmenistan's President Holds Talks With Russian Foreign Minister in Ashgabat... -
24.06.2025
Russian Foreign Minister Lavrov Arrives in Ashgabat for Official Visit... -
23.06.2025
OIC Adopts Resolution on Role of Neutrality at Turkmenistan’s Initiative... -
23.06.2025
Turkmen Farmers Deliver Over 1 Million Tons of Wheat... -
21.06.2025
Gurbanguly Berdimuhamedov Visits Dental Center Under Construction in Ashgabat... -
21.06.2025
Turkmenistan Intends to Develop Cooperation with the IAEA... -
19.06.2025
Turkmen Vice Premier Meets with Tatarstan Head Rustam Minnikhanov...