10 February 2011
Iran will invest $500 million in the construction of a cement plant in Tajikistan. Announcing the above, Iranian Ambassador to Tajikistan Ali Asghar Sherdoust told reporters in Dushanbe on Tuesday that the plant with an annual production capacity of more than 1 million tons will be built in Nosir Khusrav district, Khatlon province.

According to Sherdoust Lian Kavan Kaniha Company will build the plant. The cement plant is expected to be finished in one and half years, Asia-Plus reported. The agreement on building this plant was signed in late January 2011, the official noted.

He added that Tajik Ministry of Energy and Industries had offered the Iranian side to build a mini cement plant in one of other districts of Khatlon province before the beginning of construction of the plant in Nosir Khusrav district. "Negotiations on this subject are under way," Sherdoust said.

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 this year to find out Tajikistan's cement production potentials and capacities. The negotiations between the Iranian and Tajik officials on building the cement plant began two years ago.

© Iran Daily 2011