Cambodia: China-based Conch International Holding subsidiary Conch KT Cement has announced plans for a new 2.0Mt/yr integrated cement plant in Kampong Speu province. The Phnom Penh Post newspaper has reported the cost of the proposed plant as US$263m. It will generate up to 500 jobs, according to the producer. The company also operates the 2.0Mt/yr Ratanak Mondol cement plant in the province that started operation in mid-2018. It says that the new plant will lower domestic cement prices, reducing the demand for imports.
2700 people are employed across Cambodia’s five cement plants. National installed cement capacity is currently 8.0Mt/yr. The Cement Manufacturers Association of Cambodia reports that production grew by 7% year-on-year to 7.9Mt in 2020.
