Invest Realty LLC opens plant on production of ceramic tiles
04/02/2014 10:15
Invest Realty LLC opens plant on production of ceramic tiles
04/02/2014 10:15
Tashkent, Uzbekistan (UzDaily.com) -- Invest Realty LLC (Russia) completed construction of the plant on production of ceramic tiles in Samarkand region of Uzbekistan with the cost of US$17 million.
The capacity of the plant makes up 2.75 million square meters of ceramic tiles a year.
The production capacities were placed at Samarkandvostroyindustriya, which was purchased by the Russian firm for US$1.5 million in 2008. It created a joint venture Prime Ceramics to implement the project.
The project was financed due to loan of Landesbank Berlin AG in the size of US$13 million and direct investments of Invest Realty LLC for US$4 million.
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