DUSHANBE, September 16, 2015, Asia-Plus – The Government of Tajikistan and International Company Chzhungtsai Mohir (phonetically spelled) Cement LTD have signed an investment agreement on construction of a 1.2 million ton capacity cement plant in Khatlon’s Yovon district.
According to Tajikistan’s State Committee on Investment and State-owned Property Management (GosKoInvest), the document was signed in Dushanbe in early September this year.
Besides, an enterprise to produce gypsum plasterboards and an enterprise to produce cement sacks will be built in Yovon.
145 million U.S. dollars are expected to be invested in construction of these enterprises.
We will recall that the Yovon cement plant (Huaxin Gayur Cement Co., Ltd) was introduced into operation in September 2013. Operated by Tajikistan-China joint venture, Huaxin Gayur Cement Co., Ltd, this coal-powered enterprise now produces two types of cement – M-400 and M-500.
Huaxin Gayur Cement Co., Ltd was established by Huaxin Zhongya Investment (Wuhan) Co., Ltd, the subsidiary of Huaxin Cement Co., Ltd, and Gayur Limited Liability Company. Huaxin Zhongya Investment (Wuhan) Investment Co., Ltd assumes the 75% ownership interest and Gayur Limited Liability Company owns 25 percent of the shares in Huaxin Gayur Cement Co., Ltd.
The latest technologies were reportedly used to build the Yovon cement plant with annual capacity of one million tons. The plant reportedly meets regional environmental requirements.
