Jordan: Lafarge Jordan’s proposal to replace its Fuheis cement plant with a US$2.8bn urban development is waiting for local government approval. The company signed a memorandum of understanding with the Fuheis Municipality but is still awaiting the municipal council's approval to go ahead with the plan to turn its site into an urban hub, the company's chief executive officer, Amr Reda said in a press conference reported upon by the Jordan Times. He added that, despite the plant not being operational since 2013, it is still facing legal challenges on environmental grounds and that it is paying around US$7m/yr in compensation for environmental issues.
Lafarge Jordan development plan for Fuheis waits for government approval
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