Development of the private sector

As of today, one of the key priorities of Turkmenistan's policy has become the private sector. The non-state sector of the national economy continues to develop actively and strengthen its role through the widespread adoption of modern market mechanisms, as well as support for entrepreneurial initiatives. As a result, we are already seeing the simplification of export-import operations, land allocation procedures, preferential lending, and the streamlining of procedures for arranging credit, customs, and trade transactions for entrepreneurs.

Key sectors of the country’s progressive economy include the agro-industrial, logistics, construction, and many other fields, each playing an important role and increasingly attracting foreign investment.

The transport and communications sector has become one of the most dynamically developing areas of the national economy. Turkmenistan is actively implementing projects to develop transport infrastructure, including the construction of modern highways, railways, seaports, and aviation hubs. Special attention is being given to road infrastructure.

The implementation of advanced technologies and modern equipment is actively taking place across all sectors of the economy.
Modern industrial enterprises equipped with cutting-edge technologies are being established in the country. These enterprises focus on producing a wide range of import-substituting and export-oriented products. An extensive transport infrastructure is taking shape, and the scale of construction of socio-cultural facilities is expanding. Each year, entrepreneurs are increasing their involvement in other vital areas such as road construction, freight transportation, trade, and electric power.

During his speech at the international forum, Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Nokerguly Atagulyyev, stated that the private sector now accounts for approximately 71% of GDP, highlighting the significant potential and strong support for private initiative in the country.

The speech by the Deputy Chairman of the Cabinet of Ministers at the IFT 2025 forum sent a strong signal to the international investment community, reaffirming Turkmenistan’s openness to cooperation and its commitment to creating favorable conditions for attracting investment across various sectors of the economy.