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Chinese Investor to Invest $350 Million in Fertilizer Production in Tajikistan

The Chinese company Zhongzhong Holding will invest $300 million in the construction of a new carbamide plant in Tajikistan, as well as $50 million in the modernization of the largest carbamide production in the republic, the Azot plant. This was reported in the press service of the upper house of the Parliament of Tajikistan following the visit of its chairman Rustam Emomali to China.

According to the press service, from the Tajik side, the agreements were signed by representatives of the Asia Chemical company. The capacity of the new enterprise will be 300,000 tons of urea per year. The second agreement was signed with OAO “Azot”, it provides for the modernization of the existing production to a capacity of 180 thousand tons of urea per year.

OAO “Azot”, the former Vakhsh nitrogen-fertilizer plant, located in the Khatlon region of Tajikistan, was built in 1967 and is the largest enterprise for the production of mineral fertilizers in the republic. Since 2009, the enterprise has been practically idle, which is why local farmers have been importing fertilizers for many years, the republic’s annual demand for this product is about 550 thousand tons. In April of this year, it resumed production with a capacity of 90 thousand tons. Thus, the modernization will double the capacity of the enterprise.

Source: Kvedomosti