Vietnam: Xuan Thanh Investment and Development JSC, the investor behind the Thach My cement plant in the central province of Quang Nam, has said that the plant is on track to produce its first products in mid-December 2013.
The investor has completed about 95% of the project's construction and will hand it to the contractor on 15 July 2013, according to a government announcement.
The Thanh My cement plant covers 57.36 hectares in Nam Giang district. The plant has a total investment cost of US$192m and a designed capacity of 1.7Mt/yr of cement in its first phase. Construction began in July 2010 but it was delayed.
Once in operation, the plant will employ about 1000 local people.