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Industrial Production in Balkan Region Increases by 6.6% Over Four Months

09 May. 12:05

Source

The economic performance of Turkmenistan’s western region for the first four months of the current year indicates a steady rise in industrial output. Official reports confirm a 6.6% increase in total industrial production compared to the same period in the previous year. Strategic sectors, including oil extraction and refining, demonstrated growth of 1.9% and 4.4% respectively, reflecting the continued operational efficiency of the region’s energy infrastructure.

Significant progress was observed in the chemical and textile industries during the reporting period. The production of mineral fertilizers grew by 2.1 times, while the output of cotton yarn increased by 11%. Additionally, iodine production saw a 6.5% rise, showcasing the effective utilization of the region's natural resources. These figures highlight the successful diversification of the local economy and the strengthening of export-oriented manufacturing capabilities.

The food industry and agricultural sectors also reported substantial gains in production volume. Flour production rose by 52.5%, and vegetable harvesting increased 1.5 times compared to the previous year. Positive trends were also noted in the output of dairy products, eggs, and confectionery, while fish catches increased by 14.1%. This expansion in food production plays a vital role in ensuring domestic market stability and providing high-quality local goods to the population.

The regional financial framework remains robust, with the local budget revenue plan achieved at 101% and bank branch profit targets reached at 136.6%. Under the framework of national rural development programs, extensive construction of social and industrial facilities continues across the province. Systematic oversight of investment utilization remains a priority to ensure further socio-economic advancement and an improved quality of life for the region's residents.

















Ministry of Education of Turkmenistan and PETRONAS Sign New Memorandum

23 Aug. 14:31

Source

The Ministry of Education of Turkmenistan and PETRONAS Carigali (Turkmenistan) Sdn. Bhd. signed a Memorandum of Understanding to advance cooperation in education and vocational training. The signing meeting involved Minister of Education J. Gurbangeldiyev, Malaysian Ambassador Mohd Suhaimi bin Ahmad Tajuddin, and PETRONAS Carigali (Turkmenistan) CEO Ismadi bin Ismail.

The agreement coincides with the 30th anniversary of PETRONAS's operations in Turkmenistan's oil and gas sector. Discussions focused on qualifying skilled workforce candidates for the energy industry, extending scholarship opportunities for Turkmen students at Universiti Teknologi PETRONAS, and advancing professional development programs.

To date, Turkmenistan and Malaysia have established nearly 20 educational agreements. During the recent visit of the Prime Minister of Malaysia to Turkmenistan, three additional agreements were finalized between local universities and Universiti Tenaga Nasional to support academic mobility and exchange initiatives.