USAID gives complete assist to entrepreneurship dev’t in Turkmenistan

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BAKU, Azerbaijan, Feb. 18

By Jeila Aliyeva – Pattern:

To extend the competitiveness of Turkmenistan’s financial system, USAID supported a start-up ecosystem program, Stephen Guice, Public Affairs Officer of the US Embassy in Ashgabat instructed Pattern.

“This system labored with six native mentor firms that provide startup incubation and acceleration companies. These mentor firms hosted a complete of 122 entrepreneurs and helped develop their modern enterprise concepts and merchandise. As well as, USAID created a platform that assists aspiring entrepreneurs in understanding startup entrepreneurship and to grasp expertise via studying, working towards, and collaboration,” mentioned Guice.

Additionally, to boost consciousness concerning the significance of worldwide requirements and to coach a pool of native specialists, since 2017 USAID supported over 20 ISO coaching classes and export promotion webinars for tons of of representatives from native consulting firms and meals producers in Turkmenistan.

“This two-prong strategy generated a requirement for the primary native personal certification physique (Hil TM), which is owned and managed by an area businesswoman, thus breaking the monopoly of a overseas certification physique and increasing certification companies to the personal sector. This personal meals security lab has worldwide accreditation in ISO 17025 and its check outcomes are acknowledged overseas. The laboratory additionally created 9 new jobs, the vast majority of that are held by girls,” he added.

As well as, Guice mentioned that USAID Allows Turkmen Exporters to Entry New Markets. Thus, Since 2019, USAID has partnered with Ter Önüm, a Turkmen firm specializing in wholesale import and export. USAID supplied Ter Onum with coaching and assist to rearrange for and ship a trial cargo of melons to Austria.

“The cargo was immensely profitable, all of the melons have been offered in simply three days after hitting the cabinets. Because of the abilities gained via that trial, in August 2020, Ter Önüm shipped a consignment of 8.5 tons of melon to a wholesaler in Dubai with none assist from USAID,” he mentioned, including that USAID’s help to develop the personal sector and enhance its competitiveness is bearing fruit, boosting exports, and increasing entry to new markets for Turkmen merchandise, thus diversifying Turkmenistan’s financial system.

Moreover, USAID helps Turkmenistan’s financial system to satisfy native market wants and enhance industrial ties with western international locations.

“USAID co-invested within the automation of Shaylan’s (an organization, working giant warehouses and a fleet of refrigerated vehicles) logistics administration by using cutting-edge Enterprise Useful resource Planning (ERP) programs. The ERP programs will assist not solely enhance the corporate’s annual revenues by 30 % but additionally be accessible as a service for logistics firms throughout the nation. By this intervention, USAID is introducing new and fashionable applied sciences to strengthen provide chains that can allow Turkmenistan to extend its exports and diversify its financial system,” concluded Guice.

Observe the creator on Twitter: @JeilaAliyeva

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