75 D.Azady Street, Turkmenbashi
Achievements in the water transport sector of Turkmenistan:

During the Revival of the new era of a stable state, the President of Turkmenistan, who continues the international initiatives of the National Leader of the Turkmen people, Chairman of the People's Council of Turkmenistan Gurbanguly Berdimuhamedov, our Comrade Serdar, to promote multilateral cooperation in the transport system, to strengthen the stable system of transit corridors, to maintain political and economic stability in the world, to strengthen international relations, including the development of friendly and fraternal relations in order to realize the possibilities of transport diplomacy.

Sea and river transport of the country is the system that forms the foundations of the national economy. Turkmenbashi International Seaport is developing and improving as one of the most convenient logistics centers in the region, as it is located at the crossroads of shipping routes from Europe to Asia and from Asia to Europe, and is the "Sea Gate" of Central Asia. With the joining of Turkmenbashi International Seaport to the International Ports Association, the activities of providing services in accordance with international standards, studying and using the experience of advanced ports of the world continue. For this purpose, they actively participate in international consultations, international exhibitions, bilateral talks, meetings through direct video communication.

"Balkan Shipbuilding and Repair Plant" is a joint-stock company located on the Turkmen coast of the Caspian Sea. In this factory, major, medium and light repairs of various types of marine vessels of the seaport and merchant fleet are carried out in a short period of time. The approval of the Honorable President, our Comrade Serdar, to start shipbuilding together with the "Balkan Shipbuilding and Repair Plant" joint-stock company "Komea" marine equipment research association made the shipbuilders of the plant even more happy and proud. On the basis of the signed contracts "On the design and provision of technical experts for the construction of two dry cargo vessels of 6100 tons" and "On the supply of equipment and materials for the construction of two dry cargo vessels of 6100 tons" "Balkan Shipbuilding and Repair Plant" joint stock company will start building new ships for the first time.

"Merchant Sea Fleet" closed joint-stock company also makes a significant contribution to the development of the economy of the country with newly built ships, including tankers, ferries and passenger ships. Currently, there are 20 ships in the fleet, 3 "Balkan", "Magtymguly". and "Turkmenistan" dry cargo ships perform regular services in transporting products produced in the country to foreign ports. Dry cargo is mainly transported between Turkmenbashi port and Baku, Astrakhan, Aktau ports. In addition, container feeder transportation is carried out between Turkmenbashi and Baku by dry cargo ship "Balkan". In January-March 2024, the total amount of cargo carried by the ships of the merchant marine fleet increased by 14.1% compared to the same period of 2023 and reached 586.5 thousand tons. In general, in January-March 2024, the plan of the National Fleet for cargo transportation was fulfilled by 133.3%. Freight traffic for January-March 2024 is 236,096 million was 4.2% higher compared to the corresponding periods of 2023 and the cargo turnover plan for January-March was fulfilled by 188.0%. Passenger turnover for January-March 2024 compared to the corresponding periods of 2023 It increased by 5% and amounted to 1,910 million kilometers traveled. The implementation of the plan was 355.0%. The number of transported containers was 1879 TEU, the growth rate was equal to 184.4%.

Also, a patriot who is able to benefit from modern technologies with a broad perspective, who will work in the water transport system of the country, as well as in various sectors of the national economy, in the Maritime Vocational Training School in Turkmenabat and the Maritime Vocational Training School in Turkmenabat, which is part of the "Turkmendenizderyayollary" agency. , the quality of work aimed at training young professionals who are physically and mentally healthy is increasing.

Also, Charlak Hotel, which is a part of Turkmendenizderyayollary agency, provides high-quality hotel services to our citizens and foreign guests that meet international standards.

Trained teacher Yalkym Meretglijova

Other articles

All articles
Card image cap
Apr 08 2024

The phrase "don't work for money, let money work for you" is often repeated by entrepreneurs and financiers. How to manage the money? The essence of this question is whether money can bring money. Investing is the use of available funds for the purpose of making a profit. Investments are important in opening new businesses, bringing new innovative products to the market, and even improving the economic situation of entire countries. Let's try to better understand the role of investment in the economy! As we mentioned, the main goal of investing is to get a profit or some other useful result over time. From this point of view, any action aimed at making a profit can be called an investment. For example, when choosing a profession, a person chooses it with the expectation of good future income and satisfaction. In the future, the demand for the profession he learned may increase or decrease. A person invests his main resource here - his time. But in the world of finance, investing means putting any property or funds into a business or other type of business with the goal of generating future income. There are many types and methods of investing. One of them is the direct purchase of an asset that can bring benefits in the future. This type of capital refers to the acquisition of income-generating assets such as real estate, technology, ready-made businesses, copyrights, patents, knowledge, and know-how. Financial investments include investments by investors in the securities and loans of enterprises. Every day, thousands of new businesses are opening around the world, and existing businesses are trying to expand their production and increase their profits. It is clear that businesses need funds to establish or expand their business. Thus, in case of lack of funds, the company can borrow the necessary funds or sell a certain part of its company, that is, its shares, to parties with funds. In the future, the income from these stocks will increase and bring great benefits to the investor. This mechanism frees parties in need of funds from the risk of becoming indebted, and allows parties with funds to benefit. It is a strong and clear fact that borrowed funds must be repaid. It goes without saying that there is a risk of being in debt if the business fails. When making an investment, the investor accepts and calculates all the risks, believes that the investment will be paid in the future, and gives his funds. The difference between a loan and an equity investment is as follows. Before investing, special attention is paid to two indicators: risk and expected profitability. Capital projects with a low level of risk have low returns. Conversely, projects with high expected returns are often risky. The riskiest investments are called venture investments. These include investments in startups trying to bring a new product to market. Investment beginners are advised to diversify their investments. That is, all resources should be directed not to one place, but to different places. In this way, some investments make a profit and some lose, creating a balance and reducing the risk of loss. Professional investors calculate the risks, analyze the market conditions, perform due diligence and invest. Today there are businesses that specialize in these services. Angel owners entrust their funds to them for more efficient investment. These companies keep a certain percentage of the profit. The largest of these are American companies such as "The Vanguard Group", "BlackRock, Inc.", and "State Street Corporation", which form the "big three" of the largest investment companies. When it comes to investments, it is worth noting the world-famous investors, that is, investors. Warren Buffett, Ray Dalio, and James Simons are among the greatest investors, and their books on investing are among the best-selling and most-read works. In addition, these books are more suitable for both those interested in entering the capital markets of the world and the investor. Investments are divided into 3 groups according to the origin of deposits: private, state and foreign investments. Private investment refers to investments made by citizens of the country. Investments made from the funds of the state budget are called state investments. Governments often focus their investments on social and economic sectors, on the development of priorities in the state.