China Global may invest $500 mln in metallurgical centre construction in Tajikistan
Azerbaijan, Baku, Jan.21 / Trend J. Nasibova/
China Global new Technology imp. & exp may invest $500 million in the construction of metallurgical centre in the north of Tajikistan, Asia-Plus reports on Monday with reference to the State Committee on Investments and State Property Management of the Republic of Tajikistan.
China Global announced its intention to invest in this project last week during the meeting with the Head of State Investment Committee of Tajikistan, Davlatali Seyidov.
According to investors, the plans regarding the construction of the factory have already been conformed in headquarters of the company in Shanghai. The factory will produce the metallurgic products, as well as sulphate acid.