million tons

Programme Director,Minister of Trade, Industry and Competition, Mr Parks Tau,Deputy Minister, Mr Zuko Godlimpi,Ministers and Deputy Ministers,Chairperson of the Portfolio Committee on Trade, Industry and Competition, Mr Mzwandile Masina,Premier of KwaZulu-Natal, Mr Thamsanqa Ntuli,Mayor of eThekwini, Councillor Cyril Xaba,Premiers and MECs,Executive Mayors and Councillors,Distinguished International Guests,Ladies and Gentlemen, Tonight we gather not only to celebrate excellence, but to celebrat…

President John Dramani Mahama said the Volta Economic Corridor will serve as a central hub for trade and investment in the region. According to the President, the project, being developed under the 24-Hour Economy Policy initiative, will be one of Ghana’s most strategic growth corridors. He spoke at Juapong during a sod-cutting ceremony for a 24-Hour Economy Model Market, as part of his two-day #ResettingGhana tour of the Volta Region. “Our vision for the Volta Region goes beyond individual p…

The company employs over 5,500 staff members who manufacture top-tier metallurgical products with cutting-edge technologies. A press tour was arranged to introduce media representatives to the plant’s operations, ongoing projects, and plans. At the start of the event, participants explored the plant’s museum, observing exhibits that showcased the company’s history, key milestones in its growth, and recent achievements. Bakhodir Abdullayev, the Chairman of the Management Board of Uzmetkombinat…

One such project is a technopark built by the foreign company DA SHUN GROUP. During a press tour organized by the Nurafshan City Hokimiyat, journalists were informed about the technopark’s current state and development prospects. The project cost for the facility, commissioned in 2025, totaled $120 million. The technopark produces goods for the construction industry using advanced technologies. As a result of implementing the project, more than 300 jobs were created. “Thirty-eight small ente…

Dear Mr. Prime Minister!Dear participants of the forum!Today's forum will promote the development of bilateral trade, economic and investment cooperation.Talking about the economic development of Turkmenistan, the investment program in the country was approved at the beginning of 2026. Its main goal is to maintain the growth of Turkmenistan's gross domestic product at the level of 6.3 percent. In terms of industries, the further development of the fuel and energy sector is one of the main areas.…

The prime minister attended the handover of Mercedes-Benz's new production line in Kecskemét "In this new factory building, we see not only the expansion of production capacities, but also the strengthening of the domestic economy, knowledge and innovation capacity," said Prime Minister Péter Magyar on Monday, at the inauguration of the 1 billion euro investment. Mercedes' next-generation electric C-Class will be manufactured in the new factory building in Kecskemét. With the handover of the n…

In recent years, particular attention has been paid to modernizing the plant and increasing its production capacity. As a result, the enterprise’s net profit rose from $14 million in 2017 to $23 million in 2025. The Head of State laid the foundation stone for the casting and rolling complex during his visit to Bekabad on August 29, 2018. The total cost of the project is $839 million. This strategically important complex was built on an area of 18 hectares and is designed to meet the country’s …

The Head of State congratulated the plant’s workforce, labor veterans and foreign partners on this significant occasion. It was noted that in recent years, large-scale reforms have been consistently implemented in the country to bring the mining and metallurgical industry to a qualitatively new technological level. Over the past ten years, around $2 billion in foreign investment has been attracted to the industry, and 31 major production facilities have been commissioned. Thanks to the favorab…

The Head of State emphasized that ferrous metallurgy is one of the main sources of raw materials for sectors of the economy with a combined value exceeding $50 billion, including construction, building materials, the automotive industry, mechanical engineering, energy, and the electrical industry. To transition the economy to a technology-driven, innovation-based development model and increase gross domestic product to $240 billion by 2030, annual economic growth of at least 8-9 percent must be…