Cement plant to come online in 2018

Sok Chan / Khmer Times No Comments Share:
A cement truck branded with Chip Mong’s logo. KT/Valinda Aim KT/Valinda Aim

Chip Mong Insee Cement Cooperation is now testing the facilities of its new factory in Kampot province’s Touk Meas district and plans to have the plant fully operational early next year, according to the Minister of Mines and Energy.

For in depth analysis of Cambodian Business, visit Capital Cambodia
.

Suy Sem, the Minister of Mines and Energy, said during a visit to the cement factory on Tuesday that the plant will have a production capacity of 5,000 tonnes per day, or about two million tonnes a year.

“It will produce two kinds of cement: Camel and Diamond Insee cements,” he said.

“When this factory is in full operation, it will create 400 jobs.”

Chip Mong Group and Chip Mong Insee Cement signed a partnership agreement with China’s CITIC Heavy Industries Company last year to build the plant at a cost of $262 million.

Cambodia’s cement demand is expected to reach five million tonnes per year in 2018.

Share and Like this post

Related Posts

Previous Article

Exports up by 19 percent in 2017

Next Article

The best business stories in 2017