Construction of a new cement plant in Yanguikurgan district in Namangan region of Uzbekistan has been started. The works has a capacity of 1.5Mta and is built on a 40ha plot.
Total cost of the investment is US$105m, of which Chinese investors contribute US$90m.
The facility is scheduled to be completed by the end of 2020 and will provide 700 new jobs.
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EBRD provides EUR25m to Arabian Cement Co
The European Bank for Reconstruction and Development (EBRD) is providing up to EUR25m in financi...