Saudi Arabian cement producer, Northern Province Cement Co. is to invest in the Iraqi cement sector, according to a company statement.
The investment will be made by the company’s Jordanian subsidiary and will involve the establishment of a company in Iraq to undertake development work at Basra cement plant.
Northern Province Cement will take a 20% stake in the new company, which will be called Umm Qasr Northern Cement Co. Ltd.
Read the article online at: https://www.worldcement.com/africa-middle-east/10022017/northern-province-cement-to-invest-in-iraq/
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