CITIC signs contract for Cambodian cement plant
Published by Rebecca Bowden,
Assistant Editor
World Cement,
According to China’s state news agency, CITIC Heavy Industries Co Ltd. has signed a contract for the engineering, procurement and construction of a new cement plant with Cambodian company Chip Mong Insee Cement Corporation. The project plans to construct a US$262 million cement plant in the southwestern Kampot province of Cambodia.
Under the contract CITIC will carry out the detailed engineering design of the project, procure all equipment and materials necessary and then construct the plant for the Chip Mong Goup.
The project is a joint venture with Thailand’s Siam City Cement Public Co Ltd., with that company’s involvement being announced earlier in 2015, and will have a production capacity of 5000 tpd.
Edited from various sources by Rebecca Bowden
Sources:
Read the article online at: https://www.worldcement.com/asia-pacific-rim/14122015/citic-signs-contract-for-cambodian-cement-plant-176/
You might also like
The World Cement Podcast - Securing success in Southeast Asia
Sayak Datta, Partner at Roland Berger joins the World Cement Podcast to dive into the details of a recent report highlighting five must-win themes for Southeast Asian cement producers.
Tune in to the World Cement Podcast on your favourite podcast app today.
