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RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of June 20, 2005 No. 7293

About formation of the State fund of development of power industry and the industry of Turkmenistan

For the purpose of ensuring financing of priority programs and projects of development of power industry and the industry of the country within the National program "The Strategy of Economic, Political and Cultural Development of Turkmenistan for the Period till 2020" I decide:

1. Form the State fund of development of power industry and the industry of Turkmenistan.

2. Approve the developments of power industry and the industry of Turkmenistan enclosed Regulations on the State fund and structure of the Board of directors of Fund.

3. Determine that all means of the State fund of development of power industry and the industry of Turkmenistan are created and used in strict accordance with Regulations on Fonda.

4. Open special accounts of the State fund of development of power industry and the industry of Turkmenistan: currency - in the Central bank of Turkmenistan and manatny - in the National commercial bank of Turkmenistan of "Turkmenbashi".

5. To impose control over the implementation of this resolution on the Vice-chairman of the Cabinet of Ministers of Turkmenistan Berdyev A. K.

 

President of Turkmenistan Saparmurat Turkmenbashi

Approved by the resolution of the President of Turkmenistan of June 20, 2005, No. 7293

Structure of the Board of directors of the State fund of development of power industry and industry of Turkmenistan

The vice-chairman of the Cabinet of Ministers of Turkmenistan concerning power, the industries and constructions (chairman of the board of directors)

Minister of Energy and Industry of Turkmenistan

Minister of Construction and Building Materials Industry of Turkmenistan

CEO of Turkmendokun joint-stock company

CEO of Turkmentsement joint-stock company

 

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