Turkmenistan: The Republic of Turkmenistan plans to construct more than 220 facilities for US$18bn in 2016, according to president Gurbanguly Berdymukhammedov.
The construction will take place under a large investment development programme and will include a natural gas pipeline that will transverse Turkmenistan, Afghanistan, Pakistan and India and will ship 33Bnm3/yr of gas. The projects will also include a 1Mt/yr cement plant in Lebap, a gas-chemical complex designed to produce 467,000t/yr of polyethylene and polypropylene, a plant to produce 600t/yr of petrol from natural gas, as well new airports in the cities of Atamyrat and Garabogaz.
"Over the past few years, gross domestic product has been growing rapidly in Turkmenistan. During this past year, GDP growth hit 8.3%. Capital investments rose by 8.2% and the average monthly wages increased by 10%," said Berdymukhammedov.