BAKU, Azerbaijan, Aug. 18
By Klavdiya Romakayeva - Trend:
Uzbek LLC EuroLustex Invest will launch the production of steel pipes create in Grodnoinvest SEZ (small economic zone) in the city of Smorgon in Belarus, Trend reports with reference to the Belarusian BelTA news agency.
According to information, the total cost of the project will exceed fiev million euros. The first products can be released already in 2022. Most of the products are planned to be sent for export to Central Asia, Western Europe and the Middle East.
It is reported that the project involves the construction of new and modernization of existing industrial premises located in Grodnoinvest SEZ, as well as the acquisition of modern technological equipment to launch steel pipes and profiles.
It was noted that metal processing production will be the second project of LLC EuroLustex Invest as a resident of Grodnoinvest SEZ. Now the Uzbek company with Turkish investments is building a vertically integrated complex for the production of cotton yarn and products from it.