The Union of Industrialists and Entrepreneurs of Turkmenistan (UIET), established in 2008, has become a significant force in the country’s economic development. This was highlighted by UIET Board Member Tachmyrat Gurdov at the international conference CIET 2024. With a membership exceeding 29,000 private entrepreneurs and enterprises, the UIET represents a diverse range of industries. The […]
TIF 2024: The private sector is the key to Turkmenistan’s prosperity
The second session of the Turkmenistan Investment Forum (TIF 2024), held in Ashgabat on September 10, focused on the pivotal role of public-private partnerships (PPPs) in driving economic growth. Nokerguly Atagulyev, Chairman of the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET), outlined the country’s thriving entrepreneurial landscape and highlighted key PPP projects. Here are […]
The development of the trade sector is a factor in strengthening the national economy
TDH Commentary Turkmenistan’s trade policy is one of the key factors of the country’s economic development and its foreign policy relations. The growth of trade turnover in the domestic market is evidence of the successful implementation of the tasks set for the sphere of trade, as well as improving the welfare and social standard of […]
Government officials and private sector representatives In Turkmenistan gained a deeper insight into the WTO Trade Facilitation Agreement and the role of National Trade Facilitation Committees
A workshop on the WTO Trade Facilitation Agreement and National Trade Facilitation Committees was held in Ashgabat on July 2-4 for ministries, state agencies and non-commercial associations of Turkmenistan responsible for border regulation and international trade facilitation, as well as private sector representatives. The event was held under “Turkmenistan: Enhancing trade resilience and integration” project, […]
Toprak: From a pioneer in waste paper recycling to a waste-free giant
The Toprak company, specializing in the production of paper and cardboard products, was founded in 1998 and is now a leader in the national pulp and paper industry. At the beginning of its journey, the company was engaged in the collection and processing of waste paper. Now, this business entity owns four major production facilities […]
Turkmen Businesses Get Exclusive Spotlight in Diplomatic World Business Catalog
The international journal Diplomatic World, headquartered in Brussels, Belgium, is launching an exclusive business catalog dedicated entirely to Turkmenistan’s private sector, the Embassy of Turkmenistan to Belgium reports. This special issue offers a unique opportunity to: • Raise awareness: Showcase Turkmen companies’ capabilities to a wider European audience. • Gain market access: Position Turkmen business […]
Turkmenistan Takes Stride Towards Sustainable Development with Launch of UN-Private Sector Partnerships Platform
23 February 2024 marked a significant milestone in Turkmenistan’s journey towards sustainable development as the UN-Private Sector Partnerships Platform was officially launched. The inauguration ceremony, held in UN premises, signifies a collaborative effort between the United Nations, private businesses, and key stakeholders to prioritize national development goals, Agenda 2030, and SDGs. The event was attended […]
Turkmen Food Producers Triumph at Moscow Food Exhibition
Turkmen manufacturers showcased their best at the 31st international Prodexpo exhibition held in Moscow from 5 to 9 February 2024. They gained several awards, demonstrating their growing potential and competitiveness in the global market. Over 2,000 food industry companies from 40 countries participated in the massive exhibition, which covered food, beverages, and raw materials. Well-known […]
The private sector is the driver of Turkmenistan’s food security
Greenhouse tomatoes have become one of the main export products of Turkmenistan. Since the beginning of this year, the country has exported more than 90,000 tons of this vegetable, which is a record in history. The same indicator in 2022 was 80,000 tons. The main buyers of Turkmen tomatoes are Russia, Kyrgyzstan, Kazakhstan and the […]
Turkmen Fruit Holding Miwe – a success story of the horticultural industry
A few years ago, companies “Gök bulut”, “Hemsaýa”, “Miweli atiz”, “Datly miwe” established a holding company – Open Joint Stock Company “Miwe”, whose specialization is the cultivation of raw materials for the production of vegetables, fruit products, the production of dried fruits. The Neutral Turkmenistan newspaper tells about the holding’s activities. The total area of […]
Electronics manufacturer Aýdyń gijeler is a success story of public-private partnership in Turkmenistan
The company “Aýdyń gijeler” was established in July 2015 jointly with the Ministry of Industry and Construction Production of Turkmenistan with a 49% share in the Authorized Capital. The general director of the company Khydyrberdi Abdurakhmanov told the Neutral Turkmenistan newspaper about milestones of the country’s largest manufacturer of electronic equipment and IT technologies. The […]
ADB to Expand Support for Turkmenistan — Vice-President Shixin Chen
The Asian Development Bank (ADB) is preparing a new country partnership strategy (CPS) for Turkmenistan that will prioritize private sector development; developing human capital, with a focus on women and girls; and climate change, ADB Vice-President Shixin Chen said in meetings with senior officials from the Central Asian nation this week. Tackling climate change is […]
Privately owned refrigerated warehouse adds to supply chain sustainability of Turkmenistan
A refrigerated warehouse with freezing facilities has started working in the Balkanabat city of the Balkan province of Turkmenistan. It is owned by Toydurdy Gulnazarov, a member of the Union of Industrialists and Entrepreneurs of Turkmenistan. The capacity of the warehouse is 500 tons and it can store different products at separate temperatures according to […]
1200-hectare farm complex in Turkmenistan expands horizon for agro-industrial sector
An integrated farm complex spread over an area of 1200 hectares was opened on Tuesday, 4 May 2021, in the Kaahka district of Ahal province of Turkmenistan. It is owned by a consortium of local private companies. President Berdimuhamedov traveled by helicopter to lead the opening ceremony and encourage the entrepreneurs for their sizeable project […]
President of Turkmenistan visits Balkan province to encourage private farmers
nCa News and Commentary President Berdimuhamedov visited a privately owned wheat farm and an agro-industrial complex in the Bereket district of Balkan province on Wednesday (17 June 2020). As in the earlier such visits to Lebap, Mary, and Dashoguz provinces, the purpose was to encourage private farmers and highlight their contribution toward attainment and maintenance […]
Showcase – Private Sector of Turkmenistan – Exhibition and Conference
nCa Report The exhibition and conference showcasing the achievements of the private sector of Turkmenistan started Tuesday (17 March 2020) in Ashgabat. The two-day event is timed to coincide with the 12th anniversary of the formation of the Union of Industrialists and Entrepreneurs of Turkmenistan, a bridge organization connecting the private sector and the government […]
Turkmen businessmen preparing to enter mining and minerals downstream sector
The Turkmen businessmen are preparing to enter the mining and minerals downstream sector, reported DPM Gylyjov during the digital videoconference conducted by President Berdimuhamedov on Monday. The DPM (deputy prime minister) who holds the portfolio of trade and also supervises the Ahal province, said that the industrial development plan of Turkmenistan allows the private sector […]