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Investment projects

In accordance with the Decree of the President of the Republic of Uzbekistan dated December 28, 2022 No. PP-459 “On approval of the investment program of the Republic of Uzbekistan for 2023-2025 and the introduction of new approaches and mechanisms for managing investment projects" Almalyk MMC JSC is implementing 4 investment projects with a total value of $5 182.2 million, including:

  • at the expense of own funds – $2620.3 million;
  • Funds of RDF of Uzbekistan – $217.1 million;
  • commercial bank loans – $79.3 million;
  • foreign direct loans – $2265.5 million.

The development of capital investments for 2023 is planned for $1106.7 million., including:

  • at the expense of own funds – $231.7 million;
  • foreign direct loans – $875.0 million.

INFORMATION
on investment projects implemented by Almalyk MMC Joint Stock Company in 2023, included in Annex No. 3 of the Decree of the President of the Republic of Uzbekistan No. 459 dated December 28, 2022 of the Investment Program for 2023 for Almalyk MMC JSC million USD

Name of initiators and projects Total cost of the project Basis for implemen-tation Project capacity Terms of implemen-tation Development forecast for 2023 Development forecast for january-december 2023. The fact of development in january-december 2023.

% of completion during the reporting period

  In total 5182,3       1106,7 1106,7 1128,2 101,9
1 Development of the field "Yoshlik I" (first-stage) 4620,4 RP-2807 dated  01.03.2017 Processing up to 60 million tons of copper-molybdenum ore 2017-2024 1088,0 1088,0 1106,2 101,7
2 "Organization of production of drill bits, drill bits" 0,4 RCM-473 dated 25.08.2022 2 thousand pieces per year 2023 0,1 0,1 0,1 131,8
3 The program of reconstruction and stabilization activities of AMMC 458,6 RP-3954 dated  30.09.2018  stabilization activities 2018-2025 18,6 18,6 21,8 117,6
4 Opening and preparation of reserves between horizons +1280 +880m of the Khandiza mine 102,9 650 thousand tons of ore per year 2023-2028 0,03 0,03 0,12 393,6

 

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