# Arif Habib Group to invest Rs25B in Power Cement plant expansion

Arif Habib Group will invest Rs25 billion ($235 million) in a new cement plant that will increase Power Cement's installed capacity from 0.9 million tons to 3.37 million tons. The plant is expected to be completed in two years.

- Type: Expansion
- Announced: 2017-01-18
- Where: Pakistan
- Value: $235.0M (25.0B PKR)
- Starts operating: 2019
- Status: announced
- Capacity: 3.37 million tons per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Power Cement](https://endata.com/companies/21536.md)
- [Arif Habib Group](https://endata.com/companies/21535.md) (investor)

## Sources

- [tribune.com.pk](https://tribune.com.pk/story/1299890/expansion-arif-habib-group-invest-rs25b-new-cement-plant), 2017-01-18: "Arif Habib Group... is going to invest Rs25 billion (or $235 million) in a new cement plant that will be completed in the next two years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.