Guyana: Vas Energy subsidiary Georgetown Cement Company has broken ground on construction of its upcoming La Resource, Essequibo Coast cement plant. The Guyana Chronicle newspaper has reported that the company plans to spend US$100m in establishing the plant. When commissioned in mid-2022, it will supply all of Guyana with the possibility of export to neighbouring countries. This will reduce the cost of imported cement by 30%. Georgetown Cement Company plans to employ 180 – 200 people at the plant.
Georgetown Cement Company breaks ground on US$100m cement plant at La Resource
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