ASHGABAT (TCA) — President Gurbanguly Berdymukhammedov held a video-conference session of the Cabinet of Ministers of Turkmenistan on January 18 to discuss with the members of the Government draft documents and objectives of development of the main sectors of the country’s economy, the State News Agency of Turkmenistan reported.
Deputy Chairman of the Cabinet of Ministers M. Chakiyev reported on the preparation of the Programme of economic development of the country in 2019–2025.
Summing up the report, the President pointed out the necessity to search for the opportunities of building new industrial facilities with the attraction of local and foreign investments.
Turkmenistan’s economic strategy should provide for an integrated diversification of processing industries on an innovative basis, their transition to non-raw material way of development, formation of high technology production infrastructure, and increase in the production of competitive products based on the country’s rich natural resources, the President said.
Deputy Chairman of the Cabinet of Ministers R. Meredov reported on the preparation of the Programme of development of the oil and gas industry for 2019–2025.
Having listened to the report, the President noted the importance of paying special attention to diversification of the sector and construction of modern facilities for processing oil and natural gas.
The Programme has to provide for measures aimed at an increase in the production of hydrocarbons, rapid industrial development of new deposits including in the Turkmen section of the Caspian Sea, and further development of Galkynysh gas deposit, the Head of State said.
Speaking on agriculture, the President focused on improvement of the production of wheat, cotton and other agricultural crops, soil condition of arable lands, and their provision with water.
The President highlighted the importance of further development of the food sector and satisfaction of the population’s demand for a wide range of high-quality food products.