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Turkmenistan ups assimilation of investments in first six months

Business Materials 29 August 2009 13:43 (UTC +04:00)

Turkmenistan, Ashgabat, August 29 / Trend G. Hasanov /

Investments were assimilated 2,5 times more in the first half of 2009 compared to the same period of 2008, the Turkmen President Gurbanguly Berdimukhamedov said on the eve of the investment forum in Antalya (Turkey), national TV channel Altyn Asyr said.

Total investments aimed to develop infrastructure of industry and agriculture, social sectors amounted to $16 billion 97 million from 2005 to 2008.

Turkmenistan supports trade and economic relations with more than 90 countries worldwide. Berdimukhamedov said that the Turkmen economy is stable. It has stable growth of GDP, foreign trade and export operations.

He said that Turkmenistan has managed to prevent negative effects of global financial crisis due to actions taken in time, "he said.

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