Turkmenistan to Forge New Steel Enterprise For Global Markets

BUSINESS TURKMENISTAN
Turkmenistan to Forge New Steel Enterprise For Global Markets
Work operations at a steel pipe factory in Ankara, Türkiye (Photo: akmermerboru.com)

Turkmenistan’s Cabinet Minister Deputy Chairman Baymyrat Annamammedov revealed plans for a cutting-edge enterprise producing steel pipes of various diameters. Updates came during an online Government meeting with President Serdar Berdimuhamedov on Friday. 

The President emphasized systematic growth in import-substituting and export-oriented products, driving economic diversification. 

The meeting delved into improving the construction-industrial complex, with approval granted for a public-private partnership in the creation of the production enterprise. 

As Turkmenistan charts its socio-economic course, strategic initiatives for growth and development took center stage in the national agenda during the meeting.

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2022