Uzkhimprom to spend $171 million for expansion of production

Uzkhimprom, a state joint-stock company, will spend #171 million in 2011-2013 to expand production and explore manufacture of new kinds of competitive produces on the basis of its existing enterprises, a source in the company's management told Trend referring to the order of the President of the country.

Particularly, prior to 2014 Uzkhimprom plans to implement a project of expansion of production of soda ash at the Kungrad soda plant by 50,000 tons annually with an increase of extraction of limestone from the cast mine Jamansay, and of technical salt from the field Barsakelmes.

The project is valued at a total of $52 million. The project is financed at the price of $25 million-worth loans by the Fund for Reconstruction and Development of Uzbekistan (FRDU) and loans by commercial banks of the country in the same amount, as well as own assets of the facility.

Another large project included in a list approved by the head of the state is a $55 million-worth project of reconstruction and enhancement of production of carbamide and ammonic nitrate at the open joint-stock company Ferganaazot. Once the project is over, the facility's production capacity will be increased by 30,000 tons of carbamide and 62,000 tons of ammonic nitrate per annum. The project is to be financed due to a $24 million-worth loan by the FRDU, $22 million-worth loans by native banks, and $9 million as Uzkhimprom's assets.

The $39.5 million-worth project of reconstruction and enhancement of Maksam-Chirchik, a facility specialized in the production of mineral fertilizers and sulfuric acid, will provide an increase of the production of carbamide and sulfuric acid by 35,000 tons and 25,000 tons, respectively. The project is financed at the price of $10 million as the facility's own assets, $14 million as loans by Uzbek banks, and $15 million as foreign investments.

Open joint-stock company Ammofos-Maksam enhances the production of phosphoric fertilizers through a $15 million-worth project to increase the production of ammophos by 42,500 tons. The project is being implemented at the price of $7 million as the facility's own assets, and $8 million as foreign investments.

Interlocutor of the agency says the President's order envisions implementation of a total of around 50 projects of expansion of manufacture of competitive produces on the basis of the existing enterprises of the basic branches of the economy for the total value of $658 million, of which $176 million will be own assets of enterprises, $164 million will be loans by the FRDU, $210 million will be loans by commercial banks, and $108 million will be foreign investments and loans.

Georgian delegation to Participate in Spring Session of PACE
Georgian delegation to Participate in Spring Session of PACE
Slovak investors note potential in Georgia's energy sector
Slovak investors note potential in Georgia's energy sector
Earthquake hits Georgia
Earthquake hits Georgia
Loading Bars
Latest
At least 16 killed in clashes in South Sudan's Lakes State
Volume of cargo loaded, unloaded in Iran’s Astara port surges
Sudan calls on African countries to support reaching comprehensive solutions on Nile dam
Japan’s PM to Visit India, Philippines to Strengthen Regional Ties
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,144 more COVID-19 cases, 1,923 recoveries
India stresses fulfilling commitments for developing Chabahar
EAM Jaishankar to visit Abu Dhabi on Sunday
Sri Lanka to receive Chinese Sinopharm vaccine tomorrow
Biden names 2 Indian-Americans to key jobs
Ambedkar remembered on birth anniversary in Dubai
Shortcomings of multilateral system laid bare by pandemic, says Shringla
Maldives Foreign Minister meets Jaishankar, discusses regional, international issues
Israeli business interested in expanding cooperation with Kazakhstan
Number of licenses issued for launch of enterprises in Iran spikes
Delegation of Azerbaijani parliament takes part in events within session of CIS Interparliamentary Assembly (PHOTO)
Azerbaijani gymnasts take part in World Cup in Uzbekistan's Tashkent
Ford Otosan to suspend production due to supply issues
Georgian delegation to Participate in Spring Session of PACE
Iran reveals COVID-19 data for April 18
Azerbaijani hydroelectric power plants increase electricity production
China, U.S. agree on need for stronger climate commitments
Russia records over 8,600 daily COVID-19 cases
Azerbaijan shares footage from Saybali village of Aghdam district (VİDEO)
Serbia - gateway to European market for Iran - Deputy Minister
France to impose 10-day quarantine for travellers coming from Brazil
Azerbaijani Finance Ministry to engage archiving services via tender
Kyrgyzstan adds 244 new COVID-19 cases
Israel raises import of clothes from Turkey
Iran's Energy Exchange announces products to be on sale on April 18
Capital of Bank Keshavarzi Iran to increase
Iran's trade turnover with Georgia decreases
Azerbaijan's MFA issues appeal on occasion of April 18 - International Day for Monuments and Historic Sites
Azerbaijan shares footage from Tarovlu village of the Gubadli region (VİDEO)
Slovak investors note potential in Georgia's energy sector
Czechs expel 18 Russian envoys, accuse Moscow over ammunition depot blast
Azerbaijan's State Treasury Agency to update information systems via tender
Earthquake hits Georgia
Iran, Serbia FMs meet in Tehran
Magnitude 5.8 earthquake hits Japan
Kazakhstan’s COVID-19 caseload up by 2,822
Iran's trade turnover with Pakistan shrinks
Brazil registers over 370,000 deaths from COVID-19
5.8-magnitude quake strikes off Japan's Miyagi Prefecture
Iraq reports 6,552 new COVID-19 cases, 970,987 in total
More than 805,000 COVID-19 infections detected worldwide over past 24 hours
5.1-magnitude quake hits 20 km S of Mandraki, Greece
Israel reports 142 new COVID-19 cases, 836,882 in total
Yemen's Houthi rebels say launch drone attack on Saudi air base
India's sports minister tests positive for COVID-19
Weekly review of highlights in Azerbaijan's transport sector
EU to hand over 30 vehicles to Georgia Border Police
Turkish scientist works on drug that can ‘kill COVID-19 in 2 days’
Uzbekistan may start production of its own vaccine against COVID-19 by the end of the year
Russia's Eastwind, Turkmenistan's Turkmensvyaz to sign contract
UK records another 2,206 coronavirus cases, 35 deaths
Iranian official offers upbeat assessment of progress in nuclear talks
Volume of goods transported by Azerbaijan’s vehicles in 2021 disclosed
Indonesia reports 5,041 new COVID-19 cases, 132 new deaths
Global COVID-19 deaths surpass 3 mln - Johns Hopkins University
Geostat reveals volume of Russian exports to Georgia
Solar panel station put into operation in Iran’s Razavi Khorasan Province
New auction to be held for Azerbaijani Finance Ministry's mid-term bonds
Georgia increases import of vehicles from Turkey
Kyrgyzstan imposes restrictive measures at airports
Bahar Azadi gold coin price rebounds in Iran
Foreigners to pass simplified visa procedures for 2021 F1 Azerbaijan Grand Prix
Serbian FM to visit Tehran today
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,148 more COVID-19 cases, 2,287 recoveries
Armenia falsified Caucasian Albania temples in Azerbaijan - rep of religious community
Iran to send trade attaché to Azerbaijan
Weekly review of major events in Azerbaijan's oil & gas sector
Azerbaijan shares footage from Jabrayil's Dash Veysalli village (VIDEO)
Armenia strived to create history for itself in Azerbaijan's lands - Head of Albanian-Udi community
Iran reveals COVID-19 data for April 17
Volume of loaded and unloaded cargo in Iran’s Charak port climbs
Azerbaijani oil prices on rise
VICE News report on Armenia's attack on Azerbaijani Barda nominated for award
Weekly review of main events in ICT sector of Azerbaijan
Earnings from fuel savings in Iran paid to investors
Uzbekistan's CCI, Portuguese Industrial Association establish co-op
Buy/sell operations at Iran Mercantile Exchange soar
Rosatom, Uzbekistan working on contract for building nuclear power plant
Turkmenistan to create electronic exchange database
IMF calls on Georgia to reduce capital expenditures in case of lockdown
Russia reports a new high of 9,321 coronavirus cases since March 20
Azerbaijan's Albanian-Udi Christian community members visit ancient temple in Tugh - Trend TV (PHOTO)
OSCE MG should force Armenia to follow terms of trilateral statement - Azerbaijan's Parliament
Weekly review of Azerbaijani currency market
Azerbaijan, Turkic Council discuss creation of joint digital tools
Weekly review of Azerbaijani precious metals market
EU rep should follow int'l law before meeting with separatist in Karabakh - expert
Potential areas of Turkmenistan’s interaction within Visegrad Group+Central Asia framework identified
Georgia reports 1,219 new coronavirus cases for April 17
Georgia holds auction for privatization of state property
Azerbaijani MP talks about spring session of IPA CIS held in Russia's St. Petersburg
Georgia continues to conduct research on Namakhvani HPP
Iran unveils details exports from Maragheh County
Kazakhstan reveals total number of TEU containers shipped along Aktau-Baku feeder line
All news