Turkmenistan, Ashgabat, Jan. 13 / Trend H. Hasanov /
Turkmenistan ensured a stable growth rate of gross domestic product (GDP) as of 2012. It hit 11.1 percent compared to the same period of last year, the Turkmen media reported on Saturday citing the date voiced at the government meeting.
The investment volume in various sectors of the economy increased up to 138 percent.
"We consistently support the growth of the gross domestic product," Turkmen President Gurbanguly Berdimuhamedov said. "The growth rate during its reporting period amounted to 11.1 percent."
He said that large investments are made to the country's economy. They increased up to 135.9 percent compared to the previous period. The salary increased by 11.1 percent. The industry's share of GDP was 52 percent.
The growth rate of foreign trade turnover hit 125.9 percent compared to the corresponding period of 2011.
The main part of investment funds was directed to a comprehensive development of the industrial sector, accelerating capacity, equipping them with the know-how. Thus, 66.1 percent of investments were spent to develop the industrial sector, while 33.9 percent - other spheres.
Turkmenistan holds one of key positions in the region for the supply of natural gas. Russia, China, Iran are importers.
The leadership of the country has taken a course to diversify the economy. Oil and gas processing, textile, cotton processing industries and production of building materials have been recently developing.
