# Palestine Cement Factory starts construction of $60M cement mill in Bethlehem

Phase one of the Palestine Cement Factory (PCF) has started construction in Bethlehem, including a cement mill with capacity of 1 million tons per year and an investment of $60 million. The overall project is expected to reach $310 million with capacity of 1.3 million tons per year upon completion in 18 months.

- Type: New facility
- Announced: 2016-10-01
- Where: Bethlehem, Palestinian Territories
- Value: $60.0M
- Starts operating: Apr 2018
- Status: under construction
- Capacity: 1 million tons of cement per year (phase one); 1.3 million tons per year (full project)
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sanad Construction Resources Company](https://endata.com/companies/22151.md)
- [Palestine Investment Fund](https://endata.com/companies/22152.md) (investor)
- [Palestinian Investment Fund](https://endata.com/companies/22193.md) (investor)

## Sources

- [english.wafa.ps](https://english.wafa.ps/Pages/Details/88876), 2017-02-13: "Phase one of work on the PCF was launched on October 1 in ceremonies held in Bethlehem under the patronage of President Mahmoud Abbas"
- [cemnet.com](https://www.cemnet.com/News/story/161091/palestine-new-plant-to-affect-prices-.html), 2017-02-14: "Palestinian Investment Fund (PIF) subsidiary, Sanad Construction Resources Co, began work on Phase I of its Palestine Cement Factory (PCF) in October 2016."

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