Investments support dynamic economic growth in Turkmenistan
Turkmenistan's active investment policy is one of the key factors in the stable and dynamic growth of its economy. Summing up the work done in the economic sectors in January this year, at a meeting of the Cabinet of Ministers, it was noted that compared to the same period last year, the volume of capital investments developed from all sources of financing increased by 27.3%. It was also reported on a high level of investment development in certain sectors, for example, in agriculture, where the plan for investment development since the beginning of the year amounted to 388.5%.
Addressing the meeting participants, President Serdar Berdimuhamedov noted that the volume of capital investments developed in the country last month from all sources of financing amounted to more than 3 billion manats. This makes it possible to significantly improve the socio-living conditions of the people's lives and create additional jobs in the velayats. In this regard, the head of state stressed the importance of continuing work on the implementation of the Program of socio-economic development of Turkmenistan and investments in 2025. The emphasis was placed on the effective and targeted use of investments directed at economic growth and raising the socio-living standards of the population, as well as maintaining a stable rate of GDP growth, ensuring coordinated development of industries.
In addition to public investments, Turkmenistan pays great attention to attracting foreign capital to the national one. On March 18, Ashgabat will host the International Forum on attracting investments in the private sector "Investments in the Future of Turkmenistan", participants of which will discuss the achievements and prospects of business development, conditions for increasing its competitiveness and investment potential. Within the framework of the session on cooperation with international financial institutions, experts will consider opportunities for financing business projects and attracting new investment instruments.
And on April 23-24, an international forum on attracting foreign investments to the economy of Turkmenistan is scheduled in Kuala Lumpur, Malaysia. The purpose of the event is to expand opportunities for attracting foreign direct investment to all segments of the energy, transport, communications, construction and financial sectors of the economy of Turkmenistan and strengthen regional dialogue on further sustainable development of the energy sector.
The investment attractiveness of Turkmenistan is associated with such factors important for foreign investors as the stable economic and political situation in the country, a reliable legislative framework and state guarantees for the protection of investments. On the official website of the Embassy of Turkmenistan in Malaysia, you can find a variety of information related to investment, including a guide for foreign investors on institutional, legal and visa issues, as well as with the investment map and investment projects of the country.
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