Displaying items by tag: June Cement Industry

Myanmar: U Aung Kyaw Thu, the Hluttaw representative of Mon State Parliament and chairperson of the public budget scrutiny, finance planning and economics matters review committee has warned that cement plant projects granted licenses by the Myanmar Investment Commission (MIC) that have not implemented their plans will not be granted permission to extend their licenses. During a meeting with legislators, local farmers from Kaw Won Village, Kyaikmaraw Township in Mon State complained that the Myanmar-Korea Cement Group should not be allowed to extend its permit, as they had not implemented anything yet, according to the Mons News Agency. Normally companies that have received a permit are allowed to build at the site for three years. They can then extend this by up to three years if they provide a legitimate reason.

The June Cement Industry project has reportedly finished 15% of its construction and the Myanmar-Korea Cement Group project has finished 10% of its construction. The companies have blamed operational difficulties on the delays. They were granted permits by the MIC in 2016 and 2017 respectively.

Myanmar: June Cement Industry’s new 5000t/day plant is waiting for permission from the government to use 15MW of electricity generated from two coal power plants. The US$471m unit is based at PyarTaung, KawPaNaw Village, Kyaikmayaw Township in Mon State, according to the Mon News Agency. The plant will extract limestone from the Pyartaung Mountain area. Coal for the plant is expected to be delivered via the River Attran. Local residents have expressed concern that barges may cause flood damage along the river’s banks.