Farmers in the Karakum etrap have exceeded the state plan for sugar beet deliveries, harvesting more than 100,000 tons of crop, surpassing the planned 75,120 tons.
The price of gold has exceeded $2,900 per troy ounce for the first time in history during trading last week, according to specialized publications that track trends in the global gold market
The State Concern "Türkmenhimiýa" has announced an international tender for the design and construction of an iodine, bromine, and bromine derivatives production plant with the reconstruction of the raw material base at the Western Cheleken field (Hazar site) and the iodine plant in Balkanabat.
In 2024, drillers from the Ekarem Drilling Operations Directorate of the «Nebitgazburawlaýyş» trust under the «Türkmennebit» State concern commissioned 11 new wells at the «Keymir», «Ekarem», «Shatut», «Northern» «Goturdepe», «Kemer», and «Uzynada» fields, «Нейтральный Туркменистан» newspaper reports.
On February 10, working meeting to discuss the draft intergovernmental Agreement on the creation and implementation of the international transit transport corridor "Caspian Sea - Black Sea" was held in the format of a video conference
China National Offshore Oil Corporation (CNOOC) has announced the commencement of production at the world's largest metamorphic rock oil field, known as Bozhong 26-6, located in Bohai Bay. This was reported by Xinhua News Agency.
At the end of 2024, the industrial sector of Turkmenistan demonstrated steady growth. Natural gas production amounted to 77.6 billion cubic meters, and oil production reached 8.2 million tons. The production of petroleum bitumen (+10.2%), gasoline (+4.8%), fuel oil (+8.2%), and diesel fuel also showed positive dynamics
In 2024, Turkmenistan's banks demonstrated a significant increase in lending. The volume of loans issued to the private sector, including small and medium-sized enterprises, has increased particularly noticeably
During an expanded government meeting on Friday, President Serdar Berdimuhamedov of Turkmenistan signed a resolution "On approval of the Program for socio-economic development of the country and investments in 2025"
The Union of Industrialists and Entrepreneurs of Turkmenistan (UIET) plays a crucial role in developing the country’s private sector, fostering a favorable business environment, supporting entrepreneurs, and attracting investments. A testament to this commitment is the International Forum on Attracting Investments to the Private Sector – "Investing in the Future of Turkmenistan" (IFT 2025), initiated by UIET.
