Dehkanabad Plant on Production of Potash Fertilizers has been commissioned in July 2010. The project capacity of the plant is 200,000 tonnes of product a year. The project cost was US$123.7 million.

Fund for Reconstruction and Development of Uzbekistan allocated US$61.9 million loan, while China’s Eximbank issued US$41.7 million loan to finance the project. Uzkimyosanoat also directed its own funds to finance the construction.

Uzbekistan started to construct Dehkanabad Plant on Production of Potash Fertilizers in 2007 on the base of Tyubegata potassium salts deposit. In 2008, Uzkimyosanoat inked agreements with Russia’s Zapodnouralskiy Machinjstroitelniy Kontsern and China’s CITIC Pacific Ltd on construction of the plant. In particular, the Russian firm will build mining complex and Chinese firm - processing plant.

Uzbekistan is planning to construction the second line of the plant, which will increase capacity of the plant from 200,000 tonnes to 400,000 tonnes. The preliminary project cost is US$250 million. It is expected that the plant will export 180,000 tonnes and supply 220,000 tonnes into internal market.

The project will be financed due to own resources of Uzkimyosanoat, loans of the Fund for Reconstruction and Development of Uzbekistan and foreign banks.

It is expected that the construction of the plant’s second line will be launched in 2011, once after the first line will reach its project capacity. The plant will be commissioned by 2014.