Hongshi-Shivam Cement opens $350M cement plant in Nepal

Hongshi-Shivam Cement, a joint venture between China's Hongshi Cement and Nepal's Shivam Group, completed a $350 million cement plant in Nawalparasi, Nepal, in May 2018, with a capacity of 6,000 tonnes of clinker per day.

“With a total investment of $350 million, Hongshi-Shivam Cement represents Nepal's first modern cement plant and the most substantial foreign direct investment (FDI) in Nepal so far.”en.people.cn

• 1 source
• en.people.cnChinese-built modern cement factory brings changes to Nepal - People's Daily OnlineF_126Jul 4, 2019

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