Kyrgyzstan: Chinese cement producer Jinlong Group intends to invest US$65m towards building a 0.8Mt/yr single line cement plant in Issyk Kul province. It will operate as a subsidiary called Yatai Cement. US$15m will come from self-financing. The reminding US$50m will be funded through project financing. Approximately 400 workers will be hired to work at the new firm, which has a 30-year operation term, according to China Ciments.
Jinlong Group to invest US$65m towards 0.8Mt/yr cement plant in Kyrgyzstan
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