Displaying items by tag: TOJCHIN

Tajikistan: All of the necessary equipment will be delivered to Tajikistan for a cement plant that is being built at the Chormaghzak Pass in Vahdat Township before the end of 2014, according to Abduhalim Qodirov, the director general of the Tajik-Chinese joint venture, TOJCHIN, which is building the plant.

Construction of the plant began on 1 October 2014. The first line, which has 600,000t/yr of cement production capacity, will be introduced into operation in April 2015.
"360 specialists, mainly citizens of Tajikistan, are involved in construction of the plant," said Qodirov, noting that the plant would have a cement production capacity of 1.2Mt/yr when completed. The plant is expected to provide 500 jobs. The total cost of the project is US$30m, including US$23m invested by Chinese business circles and US$7m contributed by Tajik private entrepreneurs.

Under the law passed by Tajikistan's lower house (Majlisi Namoyandagon) of parliament on 12 November 2014, TOJCHIN is exempted from paying value added tax (VAT) and customs duties (totalling US4.6m) on equipment shipments.