New Chinese-Uzbek enterprise set up

A new joint venture has been opened in Yakkabog District of Uzbekistan [in southern Qashqadaryo Region]. In line with a cooperation agreement between the "Nuriddin Tadbirkor" private enterprise and "Jiaojian" [name transliterated] plant of the People’s Republic of China, the enterprises’ authorized fund is US$200 million, and 51% of this belongs to the Uzbek side.

The joint venture is called as Yetimtog korki [the beauty of Yetimtog]. The enterprise which is in the Qoshchinor village will process rocks and produce different building materials. There are plenty of building materials on the slopes of Yetimtog.