The Commission for Competition Development and Consumer Protection filed an anti-dumping case against the Shangfeng Friendship Bridge Cement Plant in the Andijan region. Report The organization’s press service.

Some cement factories in the Fergana Valley have appealed to the organization against the enterprise. According to them, the enterprise established in cooperation with China is selling products in the domestic market at prices below cost, causing other manufacturers to go bankrupt.

Competition Committee, Cement, Cement Plant, Shangfeng - A Bridge of Friendship

The new chairman of the committee, Khalililo Turahuzayev, inspected the situation on the ground, met with representatives of 13 cement plants in the Fergana, Andijan and Namangan regions, and listened to their problems.

The committee sent a request to Upwind Friendship Bridge to commission an investigation into signs of dumping (selling products at artificially low prices), but Upwind Friendship Bridge did not provide the information in a timely manner, so the organization opened a case.

About the plan to build two cement plants worth $500 million in Buloqboshi district of Andijan region by October 2023 It is said thatAt the time, the region’s governor Shukhrat Abdurakhmanov said the enterprises would be able to export $20 million worth of products each year and replace $15 million worth of imports.

Shangfeng – Friendship Bridge at the end of April roll outwith an annual cement production capacity of 2.5 million tons. Its founders are Zhejiang Shangfeng Building Materials (29%), Conch International Holdings Hong Kong Limited (51%) and Joydam Tamir Construction (20%).

A second plant with similar capacity owned by Western Cement opened in May Open.