Uzbekistan: The South Korean company Evergreen Holdings has announced plans to build a cement plant in Karakalpakstan, Uzbekistan. An agreement was signed in Seoul between the representatives of Uzkurilishmaterialary and Evergreen on 22 November 2017.
The total cost of the project exceeds US$300m. Evergreen Holdings intends to implement the investment in several stages based on the demand in Uzbekistan and neighbouring countries. The first stage will involve an investment of at least US$60m.
Uzbekistan currently has five large cement plants: Kyzylkumcement, Akhangarancement, Kuvasaycement, Bekabadcement and Djizzakh Cement plant, as well as a number of small enterprises. Their total capacity exceeds 8.5Mt/yr but
Uzbekistan wants to increase production to over 17Mt/yr in the period to 2022.