# 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.

- Type: New facility
- Announced: 2019-07-04
- Where: Nawalparasi District, Lumbini Zone, Nepal
- Value: $350.0M
- Jobs: 400
- Starts operating: May 2018
- Status: completed
- Capacity: 6,000 tonnes of clinker per day
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Hongshi Shivam Cement](https://endata.com/companies/24525.md)
- [Shivam Holdings](https://endata.com/companies/26716.md) (partner)
- [Hongshi Cement](https://endata.com/companies/31963.md) (partner)

## Sources

- [en.people.cn](http://en.people.cn/n3/2019/0704/c90000-9594448.html), 2019-07-04: "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."

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