Vietnam: Ha Tien 1 Cement has warned that a local government scheme in Ho Chi Minh City to replace cement grinding plants with distribution terminals could cost US$62m. The cement producer made the comments as part of a discussion on the development of building materials in the city, according to the Saigon Times newspaper. The government plans to shut down the cement pants on environmental grounds and to move them out of the city.
At present Ho Chi Minh City has 10 cement grinding plants and terminals with a capacity of over 10Mt/yr but this is below the city’s requirements. By 2020, the city may have a shortfall of 3.3Mt/yr. The city plans to build three terminals with a capacity of 1.2Mt/yr each. However, Ha Tien 1 Cement said that transport and loading fees would be huge as the city will require ships to transport cement from northern ports. In addition, the city will have to build special ports to receive bulk cement shipments from the north as the majority of the ports have no facilities for bulk cement.
