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Economy

Qoqon Superphosphate Plant to increase production capacities

Qoqon Superphosphate Plant to increase production capacities
Qoqon Superphosphate Plant to increase production capacities
Tashkent, Uzbekistan (UzDaily.uz) -- Qoqon Superphosphate Plant open joint-stock company, producer of mineral fertilizers, is planning to increase the production volume to 25 billion soums by 2012.

The project on modernization and re-equipment was included into programme on financial rehabilitation of industrial enterprises in Qoqand city.

Russia’s Monolit LLC will realize the project. Total volume of investment will make up US$5.967 million, of which US$2.87 million will be directed to reconstruction of capacities in 2010.

In the result of project execution, the production output at the enterprise will reach 22.9 billion soums in 2010, 24 billion soums in 2011 and 25 billion soums in 2012.

At the same time, the plant will export at least 20% of products.

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.