UTD-Holding

UTD Holding and Uzpromstroymaterialy signed an agreement to expand the Jizzakh cement plant in Uzbekistan, investing over €400 million to increase capacity to 5 million tons per year, including 1 million tons of white cement. The expansion will create about 1,500 new jobs.

UTD Cement, a joint venture of two Germany-based companies and a private investor, will build a $400 million cement plant in Farishky district, Jizzakh, Uzbekistan. The 4Mta plant will create 1500 jobs and is scheduled for construction from 2019 to 2021.