BAKU, Azerbaijan, December 23. Kazakhstan and Uzbekistan reached an agreement on the implementation of a mineral plant production facility project in the Navoiy Region of Uzbekistan, Trend reports, citing Akorda.
Early estimates suggest the project to be worth around $1.3 billion. It is expected that the implementation of the project will create 150 workplaces in the region.
Kazakh “Kazphosphate” LLC and Uzbek “Uzkimyosanoat” JSC will participate in the implementation of the project.
The first phase of the project encompasses the start of potassium nitrate (100,000 tons) and potassium sulfate (100,000 tons) production in Uzbek “Navoiazot JSC” before 2024.
The second and third phases of the project will take place in Olmaliq and Fergana.