In January-August 2020, enterprises of the Republic of Uzbekistan produced 6.73 million tons of cement, which is 33.9 % more than in January-August 2019. The growth of production takes place amid the implementation of large investment projects with the participation of foreign investors.
It is expected that the design capacity of cement enterprises in the Republic of Uzbekistan will increase by 60 % by the end of 2020 and will reach 20 million tons, as per Ulugbek Abraev, Deputy Chairman for Investments, Export and Economics of the ‘Uzpromstroymaterialy’ Association.
“This year, many large investment projects have been implemented with the participation of foreign investments and credit lines. For the 122 projects included in the 2020 Investment Program, US$ 698 million has been disbursed with US$ 552 million accounting for foreign investments and loans," Ulugbek Abraev said at a meeting with journalists at the National Press Center, dedicated to the production of affordable and high-quality construction materials in Uzbekistan.
In order to expand regional trade and transport links, US$ 274.2 million was provided by the Asian Development Bank to invest in construction of concrete roads in Uzbekistan.
As of today, 30 specialized enterprises are engaged in the production of cement in the country, among which the largest are Qizilkumsement, Akhangarantsement, Quvasoycement, Bekabadcement and Almalyk mining and metallurgical plant. The total design capacity of cement enterprises in Uzbekistan is more than 12 million tons of cement per year.
