Business overview: 8 tenders, digitalization and investment proposals for the development of the fuel and energy complex
Last week, eight tenders were announced by Ministry of Industry, the State Concern “Turkmengas” and the State Concern “Turkmennebit”, Turkmenbashy Complex of Oil Refineries, the CJSC “Ashgabat City Telephone Network”, Hazar Consortium and Eni in Turkmenistan.
From today’s review, you will learn about the intensification of work on digitalization in Turkmenistan, investment proposals for the development of the Turkmen fuel and energy complex and the growth rates of the country's foreign trade turnover.
The Ministry of Industry of Turkmenistan has extended an international tender for the construction of a laminate production workshop in Dashoguz region.
The Turkmenbashy Complex of Oil Refineries announced the extension of the tender for the development of tender proposals for the project design and creation of an automated database and its implementation.
The State Concern “Turkmengas” will purchase pipes and metal products, general plant equipment, electrical equipment, control and metering instruments and mechanical-transport vehicles and tractors.
Top business news from February 28 to March 6
President of Turkmenistan Gurbanguly Berdimuhamedov approved the State Program on Ensuring Cybersecurity of Turkmenistan for 2022-2025 and instructed the security agencies to focus on countering cybercrime.
The Turkmen leader expressed dissatisfaction with the results of the work of the transport and communication complex and instructed the Agency of Transport and Communications to work more actively on the introduction of electronic services in the country at the meeting of Cabinet of Ministers last Friday.
Deputy Prime Minister Shahym Abdrahmanov, who is in charge of the fuel and energy complex, presented investment proposals for the second stage of the development of the Galkynysh gas field, in which Chinese partners are involved.
Turkmenistan's foreign trade turnover increased by 30.7% in January-February 2022 compared to the base value of the same period last year. Turkmen producers also continue to increase output – in the first two months of the year, its total volume was 10.7% more than in January-February 2021.
In January-February 2022, Turkmen business increased agricultural production by 62.8% compared to the same period in 2021. Industrial production increased by 13.7% over the same period.
Economic Observer ORIENT
Eziz OVEZOV
