Comprehensive Transformation of the Regions and Industries of the Country

Comprehensive Transformation of the Regions and Industries of the Country

The priority areas of the socioeconomic policy implemented in our country are a vivid reflection of the tasks defined in the Program “The Revival of the New Era of the Sovereign State: The National Program of the Socioeconomic Development of Turkmenistan for 2022-2052”. In this regard, it is necessary to highlight the implementation of effective measures to achieve economic growth, to diversify the sectoral structure of the economy, to improve the social and living standards of the population, to deepen market and economic reforms and to ensure the stable development of the country’s regions and industries. 

The Balkan velayat is one of the intensively developing regions of Turkmenistan. Of no small importance in the development of the velayat is the International Seaport in Turkmenbashi, located on its territory and fitted with advanced equipment and innovative technologies. This complex plays an important role in strengthening the country’s transit potential, developing multimodal transport corridors and increasing the volume of international trade not only for Turkmenistan, but for the entire Central Asian region. This large transport and logistics hub is located at the crossroads of Asia and Europe; on average, 1,500-1,600 ships enter its water area annually, and this figure is steadily growing. 

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