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News Samrat Cement and Dang Cement receive approval for new cement plant investments

Samrat Cement and Dang Cement receive approval for new cement plant investments

Written by Global Cement staff 21 October 2020
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Nepal: The Investment Board Nepal has granted approval to Samrat Cement and Dang Cement for cement production at their upcoming integrated cement plants. New Business Age has reported that Samrat Cement will begin production at its 1.3Mt/yr cement plant in Dang Region in December 2020, and plans to increase the plant’s capacity to 1.6Mt/yr after a total investment of US$132m. Dang Cement’s 2.0Mt/yr cement plant, also in Dang region, is due for commissioning in late 2023 at a total investment cost of US$277m.

Samrat Cement Chair Mukunda Timilsina said, “We have brought modern machineries with German technology and skilled manpower is coming from India for this purpose.” He added that the plant will directly employ 500 local people and supply cement throughout western Nepal.

Published in Global Cement News
Tagged under
  • Nepal
  • Samrat Cement
  • Dang Cement
  • approval
  • Plant
  • GCW478
  • Investment Board Nepal
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