Uzbek Government Offers Joint Development of Tungsten Fields

Business Materials 1 August 2008 17:32 (UTC +04:00)

Kyrgyzstan, Bishkek, 1 August / corr. Trend R.Meshadihasanli / The Uzbek Government searches foreign investors for joint development of tungsten field in Samarqand city.

The term of a tender, which was announced by the Tender Consulting Uzbek agency, will finish on 2 September.

In accordance with the terms of Uzbekistan, foreign investor should allocate $40mln to commission a mine in Samarqand and produce 300,000 tons tungsten a year. Moreover, equipment and engineering tools for tungsten development should be brought and launched within two years.

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