Iran to build $500m cement plant in Tajikistan
Plant will have yearly capacity of more than a million tons.
Iran will invest $500million in construction of a cement plant in Tajikistan.
Iranian Ambassador to Tajikistan Ali Asghar Sherdoust told reporters in Dushanbe on Tuesday that the plant, with an annual production capacity of more than a million tons, will be built in Nosir Khusrav district, Khatlon province.
According to Sherdoust, Lian Kavan Kaniha Company will build the plant, scheduled for completion in one-and-a-half years, Asia-Plus reported.
Fars News Agency reported that a seven-member Iranian delegation, comprising legal experts, investors and experts from the Lian Kavan Kaniha Company, was in Tajikistan in early January to sound out Tajikistan's cement production potential and capacities.
The negotiations between the Iranian and Tajik officials to build this particular cement plant were initiated two years ago.