Friday, May 11, 2012 -
A leading Pakistani cement firm held talks Friday with Tajikistan’s trade ministry on establishing joint ventures in the small Central Asian republic.
Lafarge Pakistan Cement Ltd is ready to invest funds into the Tajik economy and is investigating the conditions related to placing capital investments into industrial enterprises, a government press report noted.
Tajik Minister of Economic Development and Trade Sharif Rahimzoda spoke on the opportunities with Lafarge Pakistan Cement executive director Rehman Khan, the Asia-Plus news agency reported.
Mountainous and water-rich Tajikistan is heavily engaged in building hundreds of mostly small- and medium-sized hydropower plants which can supply electricity to rural and remote regions of the country.
The project calls for enormous supplies of concrete.
Most of the 600-ton-per-day output of state-controlled concrete producer Tajikcement goes toward construction of the country’s largest power plant at Rogun.
Islamabad-based Lafarge Pakistan Cement produces, sells, and exports cement under the PAKCEM brand. The company is a subsidiary of Pakistan Cement Holding Ltd.