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Turkmenistan enters the world market of transport and logistics services

August 02, 2018 | 00:06 |1573
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The ministries and departments of the transport and communication sector of the Turkmen economy created the Open Joint-Stock Company “Transport and Logistics Center of Turkmenistan”. The founders of the new OJSC, with a share in the authorized capital, are the Ministry of Railway Transport (35%), the Ministry of Road Transport (10%), the Ministry of Communications (5%), the “Türkmenhowaýollary” Service (5%), the State Service of Maritime and River Transport (10%), and the State Insurance Organization (5%). The new structure was created in order to effectively use the opportunities of the international transport and transit corridors, increase the competitiveness of the transport complex, and increase the volume of transit cargo transported through the country. Turkmenistan’s access to the world market of transport and logistics services requires the development of logistics as a scientific and technological direction for the realization of the country’s transport and transit potential.

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