The government works over privatization and transformation of Mary cotton-mill and foreign trade enterprise "Turkmendokma” which are in possession of the Ministry of Textile Industry of Turkmenistan into open joint-stock companies (OJSCs).
It was informed on it at the government meeting on Friday by Deputy Chairman Chary Gylyjov who supervises the trading complex and private sector, the official Turkmen press writes today.
The Mary cotton-mill will be transformed into OJSC with a share of the Ministry of Textile Industry and Turkmengala cotton spinning factory. It will allow to expand an assortment of production let out at the enterprise and to modernize manufacture process.
«Turkmendokma» becomes an open joint stock company with a share of the Ministry of Textile Industry and “Altyn asyr” Shopping Centre, as was informed during the government meeting.
In total in the possession of the Ministry of Textile Industry now are 60 enterprises. 16 of them function as joint-stock companies.
Privatization and transformation of enterprises of the Ministry of Textile Industry into OJSC is conducted according to the Strategy for management and reform of enterprises with state participation in Turkmenistan for 2021-2025.
ORIENT news
