The Singaporean company “Xin Zhong Yuan Ceramics Co. Ltd." became a resident of “Angren” FEZ

On May 2, 2018, at the Directorate of FEZ "Angren" the Singaporean company “Xin Zhong Yuan Ceramics Co. Ltd." was awarded a resident certificate of FEZ "Angren" for the implementation of investment project on production of glazed ceramic tiles.

The investor of the project is Singaporean company "Guangdong Qiaozi Building Materials Investment Holding PTE Ltd." with a foreign direct investment of $70.0 million. The annual production capacity of the company is 36.0 million square meters of glazed ceramic tiles.

As a result of project implementation, 1100 new jobs will be created for the population of Akhangaran city and Akhangaran district. The commissioning of the company is scheduled for the third quarter of 2019.

нского района. Срок ввода предприятия в эксплуатацию планируется в 3 квартале 2019 года.