20.03.2018. The Ministry of Finance and Economy held the conference on the key directions of the forthcoming work in the context of the implementation of the State Programme to Support Small and Medium-sized Entrepreneurship in Turkmenistan in 2018-2024 and the plan of relevant activities for this period, which were approved by the Resolution of President Gurbanguly Berdimuhamedov on March 16, 2018.
As was noted, the formation of the powerful national economy that meets the requirements of the times stood as one of the most important aspects of the fundamental reforms. In this context, the private sector plays the significant role in the implementation of the tasks on the technological development of the national economy, the production of high-quality, competitive products, and the provision of food abundance in the country.
Turkmenistan has created the favorable legal, economic, financial and social conditions for the effective and dynamic development of small and medium-sized business, and private initiatives.

20.03.2018. The complex of buildings of the business, shopping and entertainment centres will be built in the western part of the capital, where the new urban development blends well with the original landscape of the hilly terrain at the foothills of the Kopetdag Mountains.

The architectural project embodies an original artistic and compositional technique, associatively styled by an Ahalteke horse. The building is designed in the form of a horseshoe and consists of several blocks of different number of storeys. The national color of the exterior design harmoniously combines with the latest urban planning trends. The multi-level structure of the complex with a plastic facade, as if hovering above the ground, gives the original architectonics of the structure the look of a silver necklace that adorns the picturesque terrain.

The high-quality white marble, a composite material of silvery color and polished granite on the basement are used for the exterior decoration of the building facades. The modern design techniques, original spatial effects and national colors will be combined in the interiors of the complex.

16.03.2018. With the aim to develop entrepreneurial activities in the period of market economic relations, support small and medium-sized entrepreneurship and create innovative industries, the President of Turkmenistan signed the Resolution approving a number of relevant proposals of the Union of Industrialists and Entrepreneurs to establish a fund for supporting small and medium-sized entrepreneurship in the country.


18.03.2018. Oguzkhan Engineering and Technology University became the discussion ground for the participants of scientific and practical conference “Innovative technologies of silicon production and its derivatives from the sand of Karakum desert”. Lecturers of the capital universities, scientists of the Academy of Science of Turkmenistan and specialists of number of branch ministries took part in the event.
The conference was organized as plenary and three sectional sessions, which discusses the aspects of silicon production from local materials. Video conference, which connected national specialists with the leading scientists from Japan, forestalled the discussion of the subject of the meeting. These were the representatives of Hirosaki and Tokyo Universities Kenzi Itaka and Hideomi Koinuma, who has been cooperating with Turkmenistan for many years in the sphere of nanotechnologies.
During the conference, Kenzi Itaka and Hideomi Koinuma demonstrated the video presentation, having told about joint studies with the colleagues from engineering and technology university of our country. particularly, it was about a unique method of production of silicon and implementation of the result to the production. Video format was used to support interested share of the opinion and practices.
Exhibition, which introduced scientific developments of the lecturers and student, has been organized during the conference. The consequence of technological process of production of silicon oxide from different local material resources and its further treatment has been demonstrated.

16.03.2018. The President of Turkmenistan signed the Resolution by ordering the Central Bank of Turkmenistan, at the expense of the state funds through the Joint-Stock Commercial Bank "Rysgal", to allocate to the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET) a loan of up to 2,400,000,000 (two billion four hundred million) US dollars for a period of 20 years with 1 percent per annum and a five-year grace period for financing the construction of a high-speed Ashgabat-Turkmenabat highway.

The President of Turkmenistan signed the Resolution by ordering the Central Bank of Turkmenistan, at the expense of the state funds through the Joint-Stock Commercial Bank "Rysgal", to allocate a loan of up to 600,000,000 (six hundred million) US dollars to the Union of Industrialists and Entrepreneurs of Turkmenistan for a period of 11 years with 3 percent per annum and a four-year grace period for financing the construction of the Tubigatan potash salt deposit in the Lebap velayat the Mining Ore Processing Plant for the production of potash fertilizers.


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