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News Chinese plant coming to Bangladesh

Chinese plant coming to Bangladesh

Written by Global Cement staff 10 August 2018
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China: Energy Engineering Group Guangdong Power Engineering is seeking US$100m of project financing for a cement plant that is being built by the Bangladesh-based Deshbandhu Group, according to company secretary Duan Qiurong.

On 2 August 2018 it was announced that Energy China had signed a contract with Deshbandhu to construct a cement plant with a daily production capacity of 1500t/day. Duan said that the company will be responsible for the project's financing. The funding will mainly come from China’s policy banks and international policy banks along with the Bangladesh government and international bank consortia.

Last modified on 16 August 2018
Published in Global Cement News
Tagged under
  • Bangladesh
  • Energy Engineering Group Guandong Power Engineering
  • Deshbandhu Group
  • GCW366

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