Chinese company Huigong Hebei Machinery Group Co., is set to construct a plant for producing spare parts for mining dump trucks in Akhangaran, Uzbekistan, as it was informed by the press service of the Department of Investment, Industry, and Trade under the khokimiyat (city administration) of the Tashkent region.
A joint venture, HG-AMMC, has been created for this project, with Huigong Hebei holding a 60% share and Almalyk Mining and Metallurgical Combine (AMMC) holding 40%. The joint venture’s authorized capital exceeds UZS 124 bn ($1.9 mn), and Sun Xiling has been appointed as the head.
Project Details
The project is estimated to cost $23 mn, with a production volume projected at $37.5 mn. The plant, covering 1.9 hectares, will be built in the Akhangaran industrial zone and will produce 282 types of spare parts for mining dump trucks.
Initially, the plant’s output will meet domestic demand, reducing reliance on imports. There are also plans to explore export opportunities for these parts in the future.
This plant is a strategic development for Uzbekistan’s mining sector, bringing advanced technology and expertise through the partnership with Huigong Hebei Machinery Group Co., Ltd. It aims to boost local manufacturing and promote sustainable industrial practices.
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