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Eximbank of Russia to finance construction of Tashkent metallurgical plant

Uzbekistan Materials 27 August 2018 12:57 (UTC +04:00)

Baku, Azerbaijan, Aug. 27

Trend:

The Eximbank of Russia JSC has signed loan agreements with Uzbek banks "Asaka" JSCB and "Uzpromstroybank" JSCB for a total amount of more than 140 million euros.

It is noted that the funds will be used for the construction of the Tashkent metallurgical plant.

The general contractor of construction project is "MetProm" group of companies. The development of main production lines and infrastructure facilities, the supply of technology and equipment, the training of personnel, the warranty servicing of equipment are carried out in the framework of the project.

The main objective of the project is to provide the domestic market of the country with high-quality metallurgical products.

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