OREANDA-NEWS. On 17 July 2009 was announced, that the Ministry of Economy and Development of Turkmenistan is to ensure the development and maintenance of an inventory of all industrial and non-production facilities that are being built or reconstructed in the territory of Turkmenistan by all economic entities regardless of their ownership.

President Gurbanguly Berdimuhamedov signed a decree to this effect at a regular government meeting on 14 July. According to the president, Turkmenistan has been steadily increasing investments in projects of modernization of national industry and creation of modern industrial and social infrastructure. Thus, "it is necessary to ensure the full-scale use of funds invested in these projects and timely commissioning of facilities."

The document orders that all business entities should submit monthly reports to the Ministry of Economy and Development on the construction of the above facilities the contract or project-estimated cost of which equals or exceeds 10 million manat. In turn, the ministry will submit monthly reports to the Cabinet of Ministers on the implementation of investment programs on these sites.