Cambodia: The Chip Mong Insee Cement (CMIC) company has started building a US$262m cement plant in Kampot province. The plant will have a cement production capacity of 1.5Mt/yr when completed in 2018. CMIC is a joint venture, formed in 2012, between Chip Mong Group and Thailand’s Siam City Cement, according to Cambodia Daily.
“Kampot is an ideal location for cement factories because of access to the necessary limestone raw material and logistics,” said Nhan Ken, general sales and marketing manager at the Chip Mong Group. He added that the new plant will face competition from other local cement producers in Kampot including Kampot Cement, co-owned by the local Khaou Chuly Group and Bangkok-based Siam Cement, and the Chinese-funded Cambodia Cement Chakrey Ting Factory.
