Jinlong Group to invest US$65m towards 0.8Mt/yr cement plant in Kyrgyzstan

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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.

Last modified on 01 September 2015

URL: https://globalcement.com/news/item/4081-jinlong-group-to-invest-us-65m-towards-0-8mt-yr-cement-plant-in-kyrgyzstan

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