ASHGABAT, Turkmenistan, March 8. A number of
joint-stock companies in Turkmenistan will be transferred to the
jurisdiction of the State Food Industry Association established in
February this year, Deputy Chairman of the Government of
Turkmenistan Hojamyrat Geldimyradov announced at a meeting of the
Cabinet of Ministers held the previous day, Trend reports.

According to him, the transfer of companies to the management of
the association was done to improve the supply of high-quality food
products to the population.

Furthermore, Geldimyradov noted that it is planned to create
factories for the production of dairy products and butter on the
basis of the designated joint-stock companies.

In turn, at the meeting, President of Turkmenistan Serdar
Berdimuhamedov outlined the need to improve the activities of
joint-stock companies to promote the growth of production of
high-quality foodstuffs and addressed a number of specific
instructions to the Deputy Chairman.

Meanwhile, in recent years, Turkmenistan has been actively
focusing on the development of the economy and production,
implementing large-scale reforms and investing in key sectors such
as energy, oil and gas industry and textile production.

The country is striving to diversify its economic portfolio by
attracting foreign investment, expanding trade ties and modernizing
infrastructure, which contributes to sustainable growth and
increased competitiveness on the world stage.