Economy

A new Uzbek-German enterprise for the production of asphalt mixtures and concrete products is being created

A new Uzbek-German enterprise for the production of asphalt mixtures and concrete products is being created
A new Uzbek-German enterprise for the production of asphalt mixtures and concrete products is being created

Tashkent, Uzbekistan (UzDaily.uz) -- On 10 August, the Cabinet of Ministers adopted Resolution No. 471, according to which it is planned to create a joint Uzbek-German enterprise “Papenburg Uzbekistan”, specializing in the production of high-quality asphalt concrete mixtures and ready-made concrete products.

At present, an agreement has been concluded between the Committee on Roads under the Ministry of Transport of the Republic of Uzbekistan and the German company "GP Gunter Papenburg AG", which envisages the creation of a joint Uzbek-German enterprise, the specialization of which will be to carry out construction and installation works on the basis of German technologies and equipment. construction of highways and roads for various purposes.

The authorized capital of the Papenburg Uzbekistan joint venture is about 5.7 million euros.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.