AMMC had constructed pipe plant in the territory SIZ "Angren"

10.01.2014

Tashkent, Uzbekistan –LLC “Almalyk Minning and Metallurgical Complex” had constructed plant on production of copper pipes in the territory of the industrial zone "Angren". CEO AMMC Alexander Farmanov had announced about it.

Farmanov noted, that thanks to construction plant AMMC mastered new type of production – copper pipes with a diameter from 4,5 to 50 mm.

“The range of using copper pipes is a huge. The most part of this production  - about 90-95% - will be sent on export. The main thing  in this project is that we are going to realize production with value added that will allow  to get additional profit and currency means” – said Farmanov.

The cost of project makes $35,48 mln. The project was financed at the expenses of own means  of AMMC  of $10,28 mln. and  the credits of Joint-Stock Commercial Bank mortgages “Ipoteka Bank” amounting to $ 12.27 million in foreign exchange and $ 12.93 million in local currency.

Within Jiangsu Xingrong High Tech Co., Ltd (People’s Republic of China) carried out the delivery and assembly of technical equipment, chief installation and performance of commissioning by total cost of $9,67 million.

PE LLC TOSHELECTROAPPARAT manufactured and supplied electrical equipment with the performance of design, construction, installation and commissioning works on a "turnkey" total cost equivalent to $ 3.79 million.

The SAM Building Contracting LLC (UAE) has supplied metal and wall construction of an industrial building, equipment for it, installation and commissioning work on the implementation of a "turnkey" total cost of $ 5.57 million.


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