Turkmenistan approves new procedure for conducting tenders

Turkmenistan approves new procedure for conducting tenders
15:52 13 Fevral 2016
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Ashgabat, Turkmenistan, Feb. 13

By Huseyn Hasanov– Trend:

The Turkmen President Gurbanguly Berdimuhammadov signed a decree on approval of the new procedure for conducting tenders for selection of suppliers of goods, works and services for budget users, the Turkmen government said.

The project of the document was introduced at the meeting of the Cabinet of Ministers.

“Improving the procedure for conducting tenders for selection of suppliers of goods, works and services under the state order will promote fair competition in this area, as well as increase the volume of high-quality domestic products,” said the president.

The strengthening of national economy’s legal basis, a systematic analysis of the legislation regulating economic relations in the country has great importance for the further development of the national economy, according to him.

Turkmenistan, according to the BP’s report, was ranked the fourth in the world for natural gas reserves and at this stage the country exports fuel to China and Iran. It was reported at the beginning of 2016 that Russia has stopped purchases of Turkmen gas.

Ashgabat carries out the diversification of the local economy; the country actively develops the industries of textile, oil products, oil and gas chemistry, and for the production of building materials.

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