# Palestinian Investment Fund plans $85M cement plant in Jericho by 2022

The Palestinian Investment Fund, through Sanad Industrial and Jericho Cement Company, plans to build an $85 million cement plant with annual capacity of 1.1 million tons, expected to be completed by 2022.

- Type: New facility
- Announced: 2021-03-19
- Where: Jericho, Palestine, Palestinian Territories
- Value: $85.0M
- Starts operating: 2022
- Status: announced
- Capacity: 1.1 million tons per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sanad Industrial](https://endata.com/companies/53936.md)
- [Jericho Cement Company](https://endata.com/companies/53937.md)
- [Palestinian Investment Fund](https://endata.com/companies/22193.md) (investor)

## Sources

- [zawya.com](https://www.zawya.com/en/business/palestine-fund-aims-to-have-first-cement-factory-by-2022-sgimyj1v), 2021-03-19: "Sanad Industrial company said that the $85mln plant will be built by the Jericho Cement Company, with annual production capacity of 1.1mln tons."

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