Ï State support for industrialization
mail-icon
altynasyr.newspaper@sanly.tm
EN RU TK

State support for industrialization

view-icon 1063
The paper plant will be sold to the Hilli alýumin Open Joint Stock Company, a member of the Union of Industrialists and Entrepreneurs of Turkmenistan in accordance with the Resolution of President Gurbanguly Berdimuhamedov.

The strategy of the privatization of state property is to play a crucial role in attracting investment. In this context emphasis should be placed on the State Programme for the Privatization of Enterprises and State Property for 2013-2016 and the Action Plan for the privatization of enterprises and state property for 2013-2016 and the Law of Turkmenistan on Denationalization and Privatization of State Property. The effective concessional lending programme which makes it possible to provide state support to the most successful private producers in expanding production plays an important role in increasing the competitiveness of Turkmen producers on the market.

The adoption of this important decision is a new practical step towards privatization which will in general contribute to increasing profitability, encouraging entrepreneurial activity and creating new jobs.