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News Uzbek government seeks buyers for Qizilqumsement stake

Uzbek government seeks buyers for Qizilqumsement stake

Written by Global Cement staff 22 June 2020
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Uzbekistan: The government has announced the sale of shares in UzAssets, an investment company founded to privatise its 36% stake in Qizilqumsement. The Information Agency of the Ministry of Foreign Affairs of the Republic of Uzbekistan (DUNYO) has reported that Qizilqumsement is a 51% subsidiary of Uzpromstroymaterialy, with the remainder held by private minority shareholders. Qizilqumsement operates the 3.8Mt/yr Qizilqumsement cement plant in Navoi, Navoiy Region.

Last modified on 24 June 2020
Published in Global Cement News
Tagged under
  • Uzbekistan
  • Government
  • Qizilqumsement
  • Divestments
  • Uzpromstroymaterialy
  • Plant
  • GCW461
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