Tajikistan, China eye joint business project
Tajikistan is negotiating with the Chinese investors on construction of a large cement plant in the south of the country, Avesta.Tj reported on June 23 referring to an unnamed government source.
Production capacity of the plant, which will be constructed in Dangara, is expected to be one million tons, according to the source.
The source reported that the negotiations are being held with Chinese company Huaxin. Estimated cost of the project is $150 million.
"If the parties agree on the terms of the project, the plant can be built in two and half years", the source said.
Currently, there are 11 enterprises on cement production in Tajikistan, with a total capacity of 2.5 million tons of cement per year. However, for various reasons, cement production has not reached this figure yet.
Tajikistan's need for cement is about three million tons per year. The cement deficit in the country is covered by imports from Pakistan, Iran and China.
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