Home / Business / Turkish Company Ready to Make Investment of $40 million in Adjara

Turkish Company Ready to Make Investment of $40 million in Adjara

Aşkale Cement announces about the interests linked to the construction of cement and bitumen plant in Adjara.

The representatives of the company has introduced the project to the government of Adjara. According to the company’s offer, cement plant should be built on land plot of 50 000 square m, where the grinding of raw material / packing and loading will occur.

Annual capacity of the plant will be 471 000 t. However, construction of ready-mixed bitumen manufacturing facility with a capacity of 160 cubic m will be carried simultaneously.

The company will make investment of 30 million USD for arrangement of grinding / packing and loading plant of cement, while 10 million for ready-mixed bitumen manufacturing.