News Detail - Quang Tri Portal
Equipment investment for Ang Son Cement Plant worth over US$11 million
Under the commitment, on the side of China, they will design Ang Son cement production line subject to the Europe’s technology with its capacity of 50 ten thousand tonnes of products per year, equipments shall be made in China. The contract completion duration is eighteen (18) months as from the date of signing. It is estimated that the production line will be put into operation by September 2009.
Ang Son cement project is invested with total capital of VND 470 billion by the Cosevco Joint-stock Company No.6, of which its charter capital of VND70 billion (equal to 15%), the remainder borrowed from the Bank for Investment and Development - Northern Quang Binh Branch.
Although in the process of construction, many domestic customers in the south gives the suggestion to sign the contract with the plan, of which Can Tho Cement Company registers to purchase 50% of total yearly products of the plant.
QB Newspaper No. 242
