03 December 2015
Tajik government scouting for cement plant investment 03 December 2015
Tajikistan: The government of Tajikistan is looking for investors for construction of a 1Mt/yr cement plant near the Tuyun-Tao limestone deposit in the Shakhritus district in the south of the country, according to Avesta news agency.
The project has been included in the government's investment portfolio for implementation through direct investments, according to the Tajik State Committee of Investment and State Property Management. The project requires US$350m of investment. Some Russian, Iranian and Chinese companies earlier showed interest in the deposit. Indeed, in 2012, Chinese building materials corporation CNBM prepared a feasibility study for the project, but the project did not reach implementation phase due to its high cost and the absence of infrastructure.
Cementos Argos names Calle as new CEO 03 December 2015
Colombia: The Cementos Argos board of directors has unanimously appointed Juan Esteban Calle as the new CEO of the company as of 1 April 2016. Calle will replace Jorge Mario Velasquez, who was recently named the new CEO of Grupo Argos.
Calle holds a bachelor's degree in business from EAFIT University (Medellin, Colombia) and has a master's degree in business administration (MBA) with emphasis in finance and economics from the University of Chicago.
Since January 2012, Calle has been the CEO of the Empresas Publicas de Medellin, a residential public utilities company with operations and subsidiaries across the Americas. Throughout his career he has held positions such as senior associate for Chase Manhattan Bank of New York (today JPMorgan Chase Bank), finance director for the Antioquia Department in Colombia, foreign investment director for Proexport in its Canada office, and investment advisor for the Bank of Montreal (today, BMO Financial Group), among others.
Calle is currently a member of the board of directors for Tigo-Une Comunicaciones, Empresas Varias de Medellin, Ticsa México and ENSA Panamá. He has also served on the board of directors for Isa, Isagen and Metro de Medellin, among others.