# IME Group to build Rs10 billion cement factory in Nawalparasi East, Nepal

IME Group announced a Rs10 billion cement factory in Chormara, Nawalparasi East, Nepal. The plant will use limestone from Palpa district and is expected to start operations after four years.

- Type: New facility
- Announced: 2019-03-29
- Where: Chormara, Nawalparasi East, Nepal, Nepal
- Value: $87.0M (10.0B NPR)
- Starts operating: 2023
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [IME Group](https://endata.com/companies/38320.md)

## Sources

- [kathmandupost.com](https://kathmandupost.com/money/2019/03/29/ime-group-to-set-up-rs10b-cement-factory-in-nawalparasi-east), 2019-03-29: "We decided to venture into the cement industry after forecasting the increasing demand for cement in the future."

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