Turkmenistan unveils first 'smart city' with $5 billion

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Turkmenistan inaugurated a $5 billion "smart city" on Thursday, some 30 kilometers south of the capital Ashgabat. The city is built in honor of Turkmenistan's former leader Gurbanguly Berdymukhamedov. Though not yet populated, the city will eventually be home to around 70,000 residents. All the buildings are white and all apartment blocks are seven stories high - a number considered lucky.