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Uzbekistan: Dal Engineering Group/Almalyk MMC to build cement plant

The Turkey-based consortium Dal Engineering Group and the Almalyk Mining and Metallurgical Company (MMC) has signed an agreement on construction of a cement plant in the Surxondaryo region. According to preliminary information, its capacity will total up to 1.5 million tonnes of Portland cement/year. The investments are estimated at some US$225 million (€208.94 million). Of that amount, about $90 million will be provided by the Uzbekistan Fund of Reconstruction and Development and US$24.4 million by t
November 17, 2015 Read time: 1 min

The Turkey-based consortium Dal Engineering Group and the Almalyk Mining and Metallurgical Company (MMC) has signed an agreement on construction of a cement plant in the Surxondaryo region.

According to preliminary information, its capacity will total up to 1.5 million tonnes of Portland cement/year.

The investments are estimated at some US$225 million (€208.94 million). Of that amount, about $90 million will be provided by the Uzbekistan Fund of Reconstruction and Development and US$24.4 million by the Almalyk MMC.

Loans of about $110 million will be raised in the county's commercial banks. The plant is scheduled to launch in 2018.

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