Tashkent, Uzbekistan (UzDaily.com) -- Huaxin Cement Co LTD (PRC) started construction of a cement plant in Zafarabad district of Jizzakh region.
The capacity of the plant will be 1.2 million tons of portland cement per year. In particular, the plant will produce 480,000 tonnes of M400 cement and 720,000 tonnes of Portland cement M500 cement.
The company will export 48,000 tonnes of M400 cement and 72,000 tonnes of Portland cement M500 cement per year.
The total project cost is US$150 million. The investor will finance the project through direct investment and borrowed funds.
As part of the investment project implementation, Huaxin Cement Co LTD established a foreign enterprise in the form of Huaxin Cement Jizzakh Limited Liability Company.
It is expected that the new plant will begin to produce products in February 2020.
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