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Economy 13/09/2024 UET Construction acquires Chirchik Metal Alloy Plant

UET Construction acquires Chirchik Metal Alloy Plant

Tashkent, Uzbekistan (UzDaily.com) — UET Construction, a Tashkent-based construction company, has acquired the Chirchik Metal Alloy Plant through an online auction for 39.9 billion sums.

UET Construction was the sole participant in the auction, which lasted 24 minutes.

The plant was originally listed for sale in mid-May 2024 with a starting price of 48.9 billion sums, which was later reduced to 38 billion sums.

The total area of the plant is 15,700 square meters, with 11,100 square meters being usable space.

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