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Invest Realty LLC opens plant on production of ceramic tiles
Invest Realty LLC opens plant on production of ceramic tiles

Invest Realty LLC opens plant on production of ceramic tiles

Tashkent, Uzbekistan (UzDaily.com) -- Invest Realty LLC (Russia) completed construction of the plant on production of ceramic tiles in Samarkand region of Uzbekistan with the cost of US$17 million.

The capacity of the plant makes up 2.75 million square meters of ceramic tiles a year.

The production capacities were placed at Samarkandvostroyindustriya, which was purchased by the Russian firm for US$1.5 million in 2008. It created a joint venture Prime Ceramics to implement the project.

The project was financed due to loan of Landesbank Berlin AG in the size of US$13 million and direct investments of Invest Realty LLC for US$4 million.

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