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17 projects worth $2.46 billion to be realized in AMMC

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17 projects worth $2.46 billion to be realized in AMMC

In accordance with the Decree of the President of the Republic of Uzbekistan, implementation of 17 projects are planned at the Almalyk mining and metallurgy combine (AMMC), reports press service of the AMMC.

According to the document, a Program of structural reforms, modernization and diversification of production in JSC "Almalyk MMC" for 2015-2019 has been developed.

The document envisages the implementation of 12 projects within the framework of new construction, 5 - will be focused on modernization and reconstruction of existing production.

The total cost of the projects is envisaged in the amount of $2.46 billion, at the expense of own funds of the AMMC, loans of the Fund for reconstruction and development of Uzbekistan and commercial banks.

According to the press service of the AMMC, working groups on each project with the definition of responsible persons from among the heads and specialists of the respective units of the AMMC are set up currently. Timetables for all projects are already prepared and submitted for approval to the competent authorities.

IA "Jahon"