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Construction and industrial sector
The favorable investment climate created in Turkmenistan, effective measures of state support for entrepreneurship, and significant financial resources invested by the state in this sector have determined the success of the urban development policy, within the framework of which hundreds of industrial, social, and cultural facilities are built and reconstructed in the capital and regions every year, including modern residential buildings, schools, kindergartens, medical and sports centers, large and small industrial enterprises.
The plenary session of the CIET 2024 conference, which will be held under the title "Industrial and Construction Sectors of Turkmenistan: A Glance Into the Future", will discuss the expansion of the potential of the countries of the region to intensify cooperation in the energy and construction sectors of the economy, find opportunities to create free industrial zones, strengthen international collaboration between Turkmen government organizations, financial institutions and global organizations specializing in construction and industry. The plenary session will be opened by Deputy Chairman of the Cabinet of Ministers of Turkmenistan Baimyrat Annamamedov, who will outline the key areas of the industry and its further development, focusing on attracting foreign investment. The heads of the world's leading construction companies will present their latest projects in this industry and share their experience and vision for further development.
Highways
The construction of modern highways, bridges, overpasses, underground crossings, multi-level interchanges, and complementary facilities is increasingly important in the country's economic development. These require special engineering solutions and the use of the latest technologies.
In accordance with the Decree of the President of Turkmenistan in February 2022, the State Agency for the Management of Road Construction was established to increase the efficiency of the work carried out in this area and further improve the sphere of road construction.
The large-scale projects implemented today to lay new highways and reconstruct existing ones directly contribute to forming a modern transport and logistics system and strengthen Turkmenistan’s position as an essential transport and transit corridor in the region.
Production of high-quality building materials based on domestic raw materials
As part of implementing comprehensive socio-economic programs, major construction projects throughout the country have led to an ever-increasing demand for high-quality building materials, impeding the accelerated development of their production based on domestic raw materials.
Currently, geological surveys are actively underway to identify new mineral deposits, which will later serve as the source material for modern domestic production facilities to produce a wide range of products in demand on the domestic and foreign markets that meet international quality standards.
Focusing on the importance of an uninterrupted supply of building materials to new buildings, the head of state constantly points to the need to accelerate work on developing local raw materials, which the Turkmen land is rich in.
The third conference session will also be devoted to current issues in construction and industry. Particular attention will be paid to producing high-quality building materials and financing new infrastructure projects. Participants will discuss opportunities for the development of industrial cooperation at the international level and the impact of digitalization on trade and industry.
In addition, much work is being carried out in Turkmenistan to stabilize the technical and economic status of existing production facilities, modernize and reconstruct them, and construct new factories and enterprises specializing in the production of import-substituting and export-oriented goods.