China-invested cement plant inaugurated in Laos

Byjirong

Updated Fri, 11 Dec 2015 10:29:58 GMT

A cement plant in central Laos was inaugurated on 3 December in the Khammouane Province. The Chinese-invested plant is expected to serve the construction of the China-Laos railway project in the country.

The inauguration ceremony was attended by Lao Deputy Prime Minister Somsavad Lengsavath, who cut the ribbon at the event.

The Jixiang cement factory, with the help of a US$120 million investment, was signed between China's Yunnan Provincial Energy Investment Group and Lao Ministry of Planning and Investment in March 2012.

A representative of China's Yunnan Provincial Energy Investment Group told Xinhua that the designed capacity of the factory is 1 million tpy, accounting for 20% of Laos' total cement production capacity.