Tuesday, 23, July, 2024

For the first time, JPMorgan Chase Bank and Asaka Bank signed a 36.4 million euros export credit line agreement in Moscow on August 8. The loan shall be re-paid within 7 years through the insurance coverage by the Chinese export credit agency Sinosure.

The deal provides for financing the construction of Quartz plant manufacturing polished float glasses in Kuvasay district of Ferghana province. 

The maximum production capacity at this plant will be 400 tons per day, with the process equipment to be supplied by the Shanghai Pony Technologies.

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