As the Turkmenistan.ru's correspondent reports from Ashgabat with reference to the State News Service (TDH), the total cost of the project is US $ 67,38 million.
The facility should be commissioned in February 2009. China's Export-Import Bank will issue a soft credit to finance the project.
The new plant will be erected near the bypass road in the northern part of Ashgabat. Built by the Chinese partners, it will become the largest plant in the region. The plant will be fitted with modern equipment and will use latest technologies. It will mainly use locally produced raw materials.
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