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Turkmenistan's Lebap firms lead producing large volumes of industrial products

Turkmenistan Materials 28 July 2023 13:42 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, July 28. From January to June of this year, industrial businesses in Turkmenistan's eastern Lebap region produced goods worth more than 10.96 billion Turkmen manats ($3.13 billion), Trend reports.

According to official data, industrial production of energy, textiles, raw silk, bread and bakery items increased in the reporting period compared to the first half of the previous year.

From January to June 2023, the entire volume of industrial products delivered to consumers by firms (including waste products at the start of the year) was 2.9 billion Turkmen manats ($830.09 million), with 70.8 percent of the total volume transferred outside the nation.

At the same time, consumer products output totaled 2 billion Turkmen manats ($572.48 million) throughout the defined period.

Industry is vital in Turkmenistan's economy, and there has been tremendous growth in this sector in recent years. Turkmenistan's government is aggressively pursuing a program aimed at boosting industrial investment and providing a favorable economic climate.

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