OREANDA-NEWS. October 04, 2010. ITERA International Group of Companies participated in the first International Specialized Exhibition and Scientific Conference "Avaza: on the way to the summits of creation, construction and development", in Avaza, the national tourist zone in Turkmenistan.

Large companies of 20 countries presented the forum their projects and programs. They related to development of touristic business and hotel business, development of land-sites and infrastructure of Avaza. The President has declared Avaza the first free economic zone in his country.

Itera-Invest-Story (Itera investment and Construction), an ITERA Group company, is implementing a high-grade hotel complex in the Avaza zone. The complex included a parking zone, a swimming pool, a beach and a sea pier.

The Company presented the Forum its vision of a successful implementation of Avaza Project as a city of future. Its vision was based on construction of facilities with the use of innovative development programs. An essence of its proposal is the development of an ecological oasis based on natural advantages of the region with the use of modern intellectual technologies. This will help create unique conditions for development of an international tourism in the Turkmen shore of the Caspian Sea.

The developer companies of ITERA international Group of Companies intensively apply innovative methods in engineering design and construction of socially important facilities in Turkmenistan, Byelorussia and Russia based on energy-saving innovative technologies, equipment and materials. Among those are two hippodroms complexes in the Balakan velayat (province) and Lebapski velayat of Turkmenistan, Minsk-City and the first sky-scraper in the capital city of Byelorussia, an office building for the Organizing Committee of the XXII Winter Olympic Games and the XI Winter Paralympic Games of 2014 in Sochi.

Members of the Cabinet of Ministers, leaders of the Balkan Velayat, the Committee of Avaza National Touristic Zone, Chamber of Commerce and Industry, Employers' Union of Turkmenistan, heads of international organizations and foreign diplomatic missions, mass media representatives visited the stand of ITERA International Group of Companies.

ITERA International Group of Companies was awarded an honorary diploma for active participation in the forum.