Indian company Rising Hongfa Heavy Machinery is implementing a project to organize production of modern concrete materials in Uzbekistan.

The project cost will be about US$3 million. During the first official visit of the President of Uzbekistan Shavkat Mirziyoyev to India, Uzstroymaterialy and Rising Hongfa Heavy Machinery signed an agreement on organizing the production of modern concrete materials.

The investment project includes the construction of a modern plant for the production of new types of refractory, waterproof, insulating concrete wall slabs for the needs of the construction industry in 2020.

The preliminary location of the modern production is the city of Bekabad.

The delegation of Rising Hongfa Heavy Machinery visited Uzbekistan from 1 to 8 December to work on issues of the next phase of the project.

Representatives of the Indian company held meetings and negotiations in various departments and organizations.

UzDaily.com