New Stages of Socio-Economic Development in Lebap Region

Our independent and eternal Neutral Homeland is witnessing great achievements in this prosperous era. The large-scale transformations initiated by our Head of State and the rapid growth of our national economy strengthen our pride in today and firmly reinforce our confidence in a bright future. Information about the implementation of programs aimed at socio-economic development of the country adds to our pride in our nation.

According to the “Program for Socio-Economic Development and Investment of Turkmenistan in 2025,” during the past half-year, capital investments amounting to 17 billion 829 million manat have been mastered in the country, and by the end of this year, this amount will reach 40 billion 72 million manat. The area of residential buildings being constructed in the regions, cities, and districts continues to increase. Thanks to the efforts of our Honorable President, construction of industrial facilities, kindergartens, schools, and other buildings is progressing successfully according to plan.

To further improve the architectural appearance of cities and create comfortable conditions for living, working, and resting for the population, the construction of modern buildings, residential houses, and parks with full amenities continues. The country is successfully implementing tasks to modernize the construction sector, create new production facilities for construction materials, generate new jobs, increase the production of goods that replace imported products and are exported, expand the range of construction materials, and introduce innovative technologies in production.

The volume of concessional and consumer loans for acquiring modern housing by the population is steadily increasing. Protection of various forms of ownership is being strengthened, financial-credit and tax systems are being improved, competition is being encouraged, and policies regarding prices, incomes, and economic forecasting are continuously refined. Productions meeting international standards are being launched across all economic sectors. Soon, the high-speed motorway segment between Ashgabat and Turkmenabat in the Mary-Turkmenabat section will be opened, an international oncology center will be established in the region, and the construction of a mineral fertilizer production complex at the S.A. Niyazov Chemical Plant in Turkmenabat will begin. These facilities demonstrate the strong economic power of our country.

Such initiatives aimed at ensuring a prosperous life for our people increase our pride and uplift our spirits. Another encouraging fact is the steady provision of food supplies. This year, 1.4 million tons of wheat were harvested across the country, ensuring an abundance of bread and bakery products on our tables. Gathering the required amount of grain has become a good tradition. The scope of work carried out under the initiative of our State Leader is expanding. The main goal of these national reforms is focused on human well-being, spiritual and intellectual development, and creating all conditions for a prosperous life for our population. This clearly reflects the care and efforts of our Hero Arkadag and respected President to ensure that our people live better lives than ever before.