Import substitution strategy: in terms of the plastic product manufacture

Import substitution strategy: in terms of the plastic product manufacture

Turkmen entrepreneurs have increased the production volume of plastic products by almost half. According to the State Statistics Committee of the country, the manufacture of these products in the non-state sector of the economy increased by 44.2% in the first ten months of 2020.

This indicator is evidence of the high impact of the realization of the Turkmen government strategy for the development of import-substituting industries. It is implemented in several stages and is not obvious at first glance, but it works effectively, promoting to improve the quality of life of thousands of people. Let’s look at a concrete example with the above-mentioned plastics.

In 2018, Turkmenistan opened the largest in Central Asia Gas Chemical Complex for the production of polyethylene and polypropylene in the village of Kiyanly, Balkan region. It has almost doubled the country’s capacity to produce polymer products. For two years now, the complex has been producing finished products with high added value, which is very popular with importers.

At the same time, Turkmenistan relies on business development. Private enterprises receive benefits and state support for the development of import-substituting industries. Large complexes by the Kiyanly type, in turn, ensure the production with high quality raw material.

A certain chain is formed. Passing through it, Turkmen natural gas turns into polypropylene, which turns into hundreds of different plastic products. At the same time, the final product includes added value from the technologies used in its manufacture and the work of a huge number of people.

Thus, one gas chemical complex in Kiyanli led to the emergence of not only five thousand new jobs directly at its facilities, but many thousands in the non-state sector of the economy. This chain involves not only ordinary workers, but also people of other professions, even creative ones. For example, designers who develop sketches of future plastic products.

Ultimately, the government’s economic strategy is aimed at providing people with jobs, creating favorable conditions for the realization of human potential. All this is hidden under such words, as “import substitution”, “diversification”, and others that are difficult to understand for a wide range of people. But to get it simplified, it’s about ordinary humanity, caring for people.