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The diversified economy of Turkmenistan and its role in the development of life protection of the population of the country

During the 33 years of independent development, Turkmenistan's economy has firmly established its position among the countries that are developing at a high rate of speed and have successfully joined the world economic space. The main goal of those reforms is to overcome the focus of the economy on raw materials, to develop market reforms, to use natural resources efficiently, to create favorable conditions for human life, health, and safety. In the last historical period, the consistent implementation of the strategic direction aimed at the industrial and innovative development model, literally ensured the economic independence of the state. By supporting infrastructure reforms, aiming to achieve the goals of sustainable development, the goals and tasks defined in the "National Program of Social and Economic Development of Turkmenistan for 2011-2030", "Program of the President of Turkmenistan for Social and Economic Development in 2019-2025" its implementation was an important impetus for increasing production efficiency, rational use of investments, including support for non-state sectors of the economy.

Looking back at the progress, it is worth noting that during the years of independent development, Turkmenistan turned from an agrarian state into an industrially developed country. More precisely, in the initial stage, the share of agriculture in the GDP of the country was more than 40 percent, the share of industry was 17 percent, and more than 80 percent of them belonged to the extractive industries. Today, the share of industry in the GDP of the country is more than 27 percent, and the share of agriculture is 11- It reaches 12 percent. At the same time, the structure of agricultural production has changed significantly. While maintaining the importance of cotton growing in the industry, the grain industry was revived in agriculture and the foundation was laid for the development of livestock. This ensured the food security of the country.

Teacher: Matdyeva Bahar

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Sep 20 2025
Great opportunity

In the Year of International Peace and Confidence, on the eve of the 34th anniversary of Turkmenistan’s Independence, the Turkmenistan Investment Forum (TIF 2025) was held in the Avaza National Tourist Zone on September 18 and 19, 2025. This major event brought together more than 800 foreign and local representatives to discuss the country’s investment opportunities. President of Turkmenistan Serdar Berdimuhamedow congratulated the forum participants on this occasion. "I firmly believe that this event in Avaza will contribute to the industrialization and socio-economic development of regions during the period of the Revival of the new era of the sovereign state, the introduction of modern technologies in sectors, the active implementation of the digital economy concept, and the attraction of investment," the head of state noted in his congratulatory message. The forum began with a plenary session entitled "Investment attractiveness of Turkmenistan as a factor ensuring strategic efficiency." The moderator of the session was Dmitry Shlapachenko, UN Resident Coordinator in Turkmenistan. Keynote speeches were delivered by prominent experts from around the world. Among them were Beatrice Luce Maser Mallor, Executive Director of the World Bank, and Rabab Fatima, Under-Secretary-General of the UN, who participated online. Speaking via videoconference to the participants of the Investment Forum in Avaza, UN Under-Secretary-General Rabab Fatima highly appreciated Turkmenistan's leading position in promoting the interests of landlocked developing countries and presented new UN initiatives aimed at attracting investment. The forum participants will have the opportunity to get acquainted with the latest economic reforms and initiatives, establish direct contacts with state and private enterprises of Turkmenistan, and develop specific investment It provided a wide opportunity to discuss projects and identify new directions for cooperation. The forum program included strategic panel discussions, presentations of investment projects, B2B and B2G meetings, master classes and cultural events. Within the framework of the Investment Forum of Turkmenistan (TIF-2025), which was held in the Avaza National Tourist Zone, a number of important documents were signed aimed at strengthening strategic agreements in various sectors of the economy. These agreements demonstrated the broad economic interests of Turkmenistan and its readiness to deepen international cooperation.