Azerbaijan, Baku / Trend corr. I.Khalilova / Azerbaijani Investment Company (AIC) expect certain progress on the project on construction new concrete plant in September 2007, Anar Akhundov, the executive director of the company has said.
"The French producer of concrete of Lafarge currently holds measures to define raw materials field," Akhundov said.
Construction of the plant was planning by the end of 2007 and to complete in 2009.
The project is assessed by € 100-150mln, which will be directed for construction of the enterprise with upgrade equipments. The capacity of the plant will be 1mln tons. The share of Azerbaijan in the project is 20% and the other part will be provided by Lafarge.