Tashkent, Uzbekistan (UzDaily.com) — With the participation of SFI Management Group LLC, a solemn ceremony of signing cooperation agreements was held by leading enterprises of Italy and Uzbekistan: Danieli & C.Officine Meccaniche SpA and Uzbek Metallurgical Plant JSC, as well as between Danieli & C.Officine Meccaniche SpA and Toshkent Metallurgiya Zavodi LLC.
As a result of the reforms currently underway in the Republic of Uzbekistan, it has become possible to implement large-scale industrial projects whose main objectives are the creation of modern production, export-oriented products and the creation of jobs. To implement these projects attract large foreign investment.
In accordance with the resolution of the President of the Republic of Uzbekistan, Uzmetkombinat initiated the implementation of the project “Construction of a foundry-rolling complex”, which envisages the organization of the production of hot-rolled sheet metal in the amount of 1.04 million tonnes a year.
No less significant project is construction of a unique in Central Asia metallurgical plant for the production of 500,000 tonnes per year of cold-rolled metal.
Agreement between Danieli & C.Officine Meccaniche S.p.A. and Uzmetkombinat signed an agreement. Within the agreement, the main technological equipment for the production of hot-rolled sheet metal in coils will be supplied for the investment project “Construction of a Casting and Rolling Complex”.
The project will launch production of hot-rolled sheets with a thickness of 1.6 to 12.0 mm in rolls in the amount of 1.04 million tonnes a year and increase in the production of rolled ferrous metals in 2021 up to 2.1 million tonnes per year.
It will provide raw materials to Tashkent Metallurgical Plant, which is under construction. The project will help to create capacities to produce new products.
The agreement between Danieli & C.Officine Meccaniche S.p.A. and Toshkent Metallurgiya Zavodi is directed at development of cooperation between the Uzbek and Italian sides on mutually beneficial terms.
The total cost of delivery of equipment «Danieli» will be more than 75.0 million euros. The supplied technology and equipment will meet the latest requirements and international quality standards. Danieli will train the plant specialists, including outside Uzbekistan.
The main products will be hot-galvanized sheet for the automotive, construction industry, a sheet with a polymer coating for household appliances, finishing materials and related industries.