www.irtat.ir  The construction of a $5 billion tourism complex  on the Caspian coast (Khazar Lake) was inugurated by Turkmenistan's leader last week.  There are also several  other plans for new hotels, fountains, roads and parks in this region to boost the tourist industry of the country.
 
The Turkmen leader said the government would earmark $1 billion for the project, not far from the Iranian border, while foreign companies including Russia's Itera and France's Bouygues have invested a further $4bn.