BAKU, Azerbaijan, Aug. 29
By Ilkin Seyfaddini - Trend:
JSC Kyzylkumcement will establish a clinker production line, Trend reports with reference to Norma.uz information and legal portal.
This was stated in the decision of the Cabinet of Ministers on August 27, 2020.
The total cost of the investment project is 112,639 euros. Financing of the investment project is carried out at the expense of JSC Kyzylkumcement in the amount of 92,829 euros, and a loan from JSCB Hamkorbank in the amount of 19,810 euros.
The investment project is carried out on a "turnkey" basis by the "fast-truck" method (simultaneous design, procurement, construction work).
According to the decree, imported technological equipment, its components and spare parts, materials, products, tools, technological documentation are exempt from mandatory certification.
Term of the investment project execution is December 2021.
JSC Kyzylkumcement is the largest cement enterprise in Uzbekistan (total capacity is 3.1 million tons of cement annually). Currently, six large and 19 smaller cement enterprises with a total capacity of 11.1 million tons operate in the country.
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