# Taiwan Cement to invest US$1.1bn in joint venture with OYAK in Netherlands

Taiwan Cement will invest US$1.1 billion to create a joint venture with Turkey's OYAK in the Netherlands via a new subsidiary, Dutch TCC Holdings. Taiwan Cement will hold 40% and OYAK 60%.

- Type: Investment
- Announced: 2018-10-30
- Where: Netherlands
- Value: $1.10B
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Taiwan Cement](https://endata.com/companies/28068.md) (investor)
- [OYAK](https://endata.com/companies/35208.md) (partner)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/165196/taiwan-cement-to-invest-us-1-1bn-in-new-joint-venture.html), 2018-10-30: "Taiwan Cement announced it will spend US$1.1bn to create a joint venture with Turkey's OYAK in The Netherlands, via a newly-created subsidiary, Dutch TCC Holdings."

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