(MENAFN- Trend News Agency) ASHGABAT, Turkmenistan, March 18. Turkmenistan
plans to create an enterprise called 'Üznüksiz çesme' for the
production of uninterruptible power supplies (UPS), Trend reports.
According to an official source, this was stated by Deputy
Chairman of the Cabinet of Ministers for Construction and Industry
of Turkmenistan Baymyrat Annamamedov at an online meeting of the
government.
"The new production with equity participation by 'Aşgabatenergo'
of the Turkmenenergo State Electric Power Corporation of the
Ministry of Energy of Turkmenistan and the individual enterprise
'Üznüksiz hyzmat' will make it possible to contribute to the
industrialization of the country, reduce the number of imported
equipment for collecting and storing electric energy, as well as
create new jobs," he said.
Summarizing the report, President of Turkmenistan Serdar
Berdimuhamedov focused on the need to continue the reforms carried
out in the country, in particular, work on the production of
import-substituting products.
Noting the importance of establishing in Turkmenistan the
production of uninterruptible power supplies (UPS), which are of
great importance for our country, the head of state stressed that
the activities of the joint economic company being created in this
area should be conducted in accordance with modern requirements and
gave the Deputy Chairman relevant instructions in this regard.
Meanwhile, in response to the desire to diversify the economy,
Turkmenistan is actively investing in the development of the
industrial sector, creating new enterprises in key industries such
as petrochemicals, textile production, and energy to stimulate
economic growth and reduce dependence on oil revenues.
Through reforms and simplification of business registration
procedures, Turkmenistan seeks to attract both local and foreign
investments, encouraging the creation of new enterprises and
contributing to the development of an attractive investment climate
in the country.
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