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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 $5340.4 million, including:

  • at the expense of own funds – $2760.9 million;
  • Funds of RDF of Uzbekistan – $217.1 million;
  • commercial bank loans – $24.7 million;
  • foreign direct loans – $2271.4 million.

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

  • at the expense of own funds – $ 617.9 million;
  • foreign direct loans – $ 488.8 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 2022 for Almalyk MMC JSC for January-april 2023

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-april 2023. The fact of development in january-april 2023.

% of completion during the reporting period

  In total 5340,4       1106,7 176,2 194,0 110,1
1 Development of the field "Yoshlik I" (first-stage) 4799,3 RP-2807 dated  01.03.2017 Processing up to 60 million tons of copper-molybdenum ore 2017-2024 1076,6 171,7 189,3 110,3
2 "Organization of production of drill bits, drill bits" 4,7 RCM-473 dated 25.08.2022 2 thousand pieces per year 2023 4,7
3 The program of reconstruction and stabilization activities of AMMC 422,9 RP-3954 dated  30.09.2018  stabilization activities 2018-2025 24,1 4,5 4,6 104,1
4 Opening and preparation of reserves between horizons +1280 +880m of the Khandiza mine 113,5 650 thousand tons of ore per year 2023-2028 1,3

0,04

 

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