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Uzbekistan plans to complete 130 projects for US$7.4bn in 2015
Tashkent, Uzbekistan (UzDaily.com) --
Uzbekistan plans to complete implementation of 130 projects with total cost of US$7.442 billion in 2015, according to the resolution of the President of Uzbekistan Islam Karimov, RIA Novosti reported.
In line with the document, it is planned to complete construction of 45 new production capacities for US$4.902 billion and carry out 87 projects on modernization of existing capacities worth US$2.54 billion. It is planned to use US$2.292 billion to complete these projects.
In particular, Uzbekneftegaz and Korean consortium led by KOGAS will complete construction of Ustyurt Gas Chemical Complex with the cost of US$4.1 billion. Uzbekenergo will construct 370 megawatt combined-cycle plant at Tashkent thermal power station with the cost of US$512 million.
Navoi Mining and Metallurgy Combine will complete implementation of five projects for US$157.8 million. Almalyk Mining and Metallurgy Combine will modernize copper fabric for US$117.7 million and Uzkimyosanoat to expand soda plant in Kungrad.
Earlier, it was reported that Uzbekistan plans to implement over 300 investment projects for US$55.4 billion in 2011-2015.
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