New Chinese-Uzbek enterprise set up
03/09/2007 11:06
03/09/2007 11:06
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.
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