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News Nepali government announces shock closure of Udayapur Cement Industry

Nepali government announces shock closure of Udayapur Cement Industry

Written by Global Cement staff 09 June 2025
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Nepal: The government plans to shut down Udayapur Cement Industry, which operates the Jaljale cement plant, in mid-July 2025. The República newspaper has reported that the government has received a memorandum of understanding (MoU) signed between workers, local people and political parties to contest the closure. Critics reportedly accuse the government of trying to bankrupt the company in order to sell it.

Last modified on 11 June 2025
Published in Global Cement News
Tagged under
  • Nepal
  • Udayapur Cement
  • Government
  • Closure
  • Shutdown
  • Privatisation
  • Memorandum of Understanding
  • lobbying
  • Asia
  • GCW713
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