Kyrgyzstan: Gansu Qilianshan to invest Kyrgyzstan project

Byszheng

Updated Thu, 28 May 2015 09:44:33 GMT

Gansu Qilianshan Cement and 8th Metallurgical Corporation signed a memo with JBK on joint construction of a cement production line project in Osh, Kyrgyzstan. 

The three parties plan to jointly spend US$130m building the cement production line project in southern Kyrgyzstan. The Chinese and Kyrgyzstan sides hold 80 per cent and 20 per cent of the project respectively.