# Viglacera plans joint venture in Cuba for ceramic and porcelain tiles

Vietnam Glass and Ceramics for Construction Corporation (Viglacera) plans to set up a joint venture in Cuba for ceramic and porcelain tiles with chartered capital of nearly $40 million and total investment of about $61.8 million. The venture will renovate two factories and invest in new production lines.

- Type: Partnership
- Announced: 2017-05-02
- Where: Cuba, Cuba
- Value: $61.8M
- Status: announced
- Products: ceramic tiles, porcelain tiles, sanitary ware, floor tiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Viglacera](https://endata.com/companies/20790.md) (partner)
- [Geicon](https://endata.com/companies/23851.md) (partner)

## Sources

- [en.sggp.org.vn](https://en.sggp.org.vn/viglacera-to-form-joint-venture-with-cuba-post64072.html), 2017-05-02: "The company plans to set up a joint venture in ceramic and porcelain tiles with chartered capital of nearly 40 million USD and total investment of some US$61.8 million."

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