Turkey launches construction of plant for metalware production in Uzbekistan
Baku, Azerbaijan, Oct. 13
By Kamila Aliyeva - Trend:
Turkish company launched construction of a plant for the production of metal structures for a wide range of purposes in Uzbekistan, Uzdaily.uz reported.
The ceremony of laying the first stone of the plant took place in the industrial zone of the city of Akhangaran on October 12, 2017. The project worth $10.7 million is realized in the Angren free economic zone.
Representatives of DAL Teknik Makina Ticaret ve Sanayi A. Ş. company, local authorities and Angren free economic zone participated in the event.
Member of the Board and CEO of the company Cagatai Kose noted that the project is being implemented at the expense of 100 percent of Turkey's investments. The equipment for the plant will be imported from Turkey. The plant's products will meet the European standard, according to the CEO.
Kose added that at present, when implementing large industrial projects, Uzbekistan is importing metal structures from abroad. After the launch, the plant will be able to meet the demand of Uzbekistan in this product in a significant amount.
A representative of the Turkish company noted that part of the production will be exported to neighboring countries, such as Kazakhstan, Kyrgyzstan and Turkmenistan.
He stressed that this project is unique for Central Asia as there are no such enterprises in the other countries of the region.
Kose said that the company's products will be used in the construction of large industrial enterprises, including power plants.
The project will be implemented in three phases. The implementation of the first stage will be completed in May 2018 and the plant's capacity will amount to 12,000 tons of products. In the second stage, the plant's capacity will be increased to 20,000 tons and in the third stage up to 30,000 tons.