In his speech at the ceremony to lay the foundation stone for a mineral fertiliser production complex at the S.A. Niyazov Turkmenabat Chemical Plant, President of Turkmenistan Serdar Berdimuhamedov noted the importance of this project for the development of the national economy and the chemical industry. This was reported by the state news agency TDH.

The Head of State stressed that the chemical industry is one of the key sectors of the economy, where large investment projects are implemented and modern technologies are introduced. According to the President of Turkmenistan, the programmes being implemented contribute to strengthening the economy and improving the well-being of the people, with particular attention being paid to environmental requirements and innovative solutions.

The President of Turkmenistan announced that the new complex will be built by the South Korean company ‘Daewoo’. The plant is expected to produce 350,000 tonnes of superphosphate and 100,000 tonnes of ammonium sulphate per year, which will fully meet the domestic demand for phosphate fertilisers and improve the country's food security.

The Head of State noted that the construction of the new complex will create additional jobs, and training is planned to be organised at foreign universities. The President of Turkmenistan recalled other major projects in the chemical industry — the construction of complexes in the Balkan, Ahal and Mary velayats.

Serdar Berdimuhamedov stressed that great attention is being paid to the development of the Lebap velayat, where industrial and social facilities are being built, including a section of the Ashgabat-Turkmenabat motorway and a new building for the pedagogical institute.

In conclusion, the President of Turkmenistan congratulated the participants of the ceremony on the laying of the foundation stone for the new production complex, wishing everyone good health and success in their work.