# IFC considers equity injection for Shwe Taung Cement plant expansion in Myanmar

The International Finance Corp is considering an equity injection of up to US$15 million and a loan of up to US$20 million for the brownfield expansion of Shwe Taung Cement's plant in Pyi Nyaung village, Myanmar. The total project cost is estimated at US$110 million, and the expansion will increase clinker capacity to 5,500 tpd and cement grinding capacity to 7,200 tpd.

- Type: Expansion
- Announced: 2017-04-10
- Where: Pyi Nyaung village, Myanmar, Myanmar (Burma)
- Value: $110.0M
- Status: announced
- Capacity: clinker 5,500 tpd, cement grinding 7,200 tpd
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Shwe Taung Cement](https://endata.com/companies/23491.md)
- [International Finance Corporation](https://endata.com/companies/12849.md) (investor)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/161499/ifc-considering-equity-injection-in-myanmar-cement-plant-expansion-project.html), 2017-04-10: "The proposed IFC investment in STC comprises an investment in common equity for up to US$15m and providing an A Loan of up to US$20m."
- [shwetaunggroup.com](https://www.shwetaunggroup.com/overview/building-materials/summary-of-investment-information-sii/), 2017-04-16: "The Project envisages brownfield expansion of STC’s cement plant at Pyi Nyaung Village, Thazi through expansion of clinker capacity to 5,500 tpd and cement grinding capacity to 7,200 tpd."

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