Hongshi-Shivam Cement to build $359M cement factory in Nepal

Hongshi-Shivam Cement P Ltd signed an agreement with the Nepal government to invest $359.18 million in a cement factory in Nawalparasi district, Nepal, with production capacity of 6,000 tons per day starting in 2018.

“The company will make an investment of $359.18 million to build the factory in Nawalparasi district, in South-West Nepal.”hindustantimes.com

• 1 source
• hindustantimes.comChinese joint venture to build multi-million dollar cement factory in Nepal | World NewsHT CorrespondentSep 3, 2017

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