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News Huaxin Cement preparing to build cement plant in Nepal

Huaxin Cement preparing to build cement plant in Nepal

Written by Global Cement staff
08 December 2017
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Nepal: Huaxin Cement is in discussions with the Investment Board Nepal (IBN) to build a cement plant. The Chinese cement producer is considering investing US$140m towards a project investment agreement (PIA), according to the Kathmandu Post newspaper. Obtaining a PIA will allow the company to work with the Nepalese government on the project.

The announcement follows a US$359m PIA with Hongshi-Shivam Cement that was signed in September 2017 for a cement plant at Sardi in Nawalparasi. The 6000t/day plant is scheduled to start commercial production in May 2018.

Last modified on 13 December 2017
Published in Global Cement News
Tagged under
  • Nepal
  • Huaxin Cement
  • Plant
  • Investment Board Nepal
  • China
  • GCW332

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