Myanmar:Anhui Conch invests in Myanmar Conch Cement joint venture

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Updated Tue, 25 Nov 2014 13:10:32 GMT

The local Myint Investment Group has joined China's Anhui Conch Cement to upgrade the No 33 Kyaukse cement plant to 5000t/day of cement production capacity through a build-operate-transfer (BOT) system, according to the Ministry of Industry. The plant currently has a production capacity of 400t/day. The Directorate of Investment and Company Administration approved the joint venture, Myanmar Conch Cement Co Ltd, on 11 November 2014.