(MENAFN- AzerNews) Ambassador of Uzbekistan Kadamboy Sultonov met with the chairman
of the board of directors of Latvian BAO company Yanis Wilgerts,
Azernews reports, citing Kun.uz News Agency.
During the interview, Yanis Wilgerts expressed his readiness to
increase the volume of investments in Uzbekistan by implementing
the additional project“Construction of Phosphorite Processing and
Enrichment Plant”. According to preliminary estimates, the
construction of the plant is estimated at $12 million, all of which
will be covered by foreign direct investment.
As a result of the meeting with Yanis Wilgerts, an agreement was
reached on organizing his business mission to Uzbekistan on July
19-21 and conducting negotiations with the responsible
representatives of relevant ministries and agencies of the
republic.
For information, BAO was established in 1995. It is one of the
largest Latvian companies providing a full cycle of services
related to the collection, safe transportation, and disposal of
hazardous waste, as well as minimizing environmental damage. At the
moment, the company is implementing an investment project for the
development of phosphorites in Uzbekistan with a total cost of $30
million.
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