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Nagaland will set up 1 million tonne cement plant & export to Myanmar

Posted on : 06 Jul, 2012

 

The Government of Nagaland has agreed to a Rs 470crore cement plant development project. This cement plant with an annual production capacity of 1 million tonnes is targeted at exporting cement to its neighbour, Myanmar. French cement giant Lafarge has shown an interest in setting up the plant. The feasibility report is completed and the DPR is underway.

 

The plant is to be set up in Phek district of Nagaland which borders Myanmar, and recognized for its huge reserves of limestone deposits.  Besides Phek, Tuensang district, also bordering Myanmar has 100 million proven reserves of limestone and 1,000 million inferred reserves of the same. Through this proposed plant which would be the biggest in the north-east, the state expects to earn revenue from cement exports. 

 

In view of the various developments in the Asian cement sector, 14^th Asia CemenTrade on 13-14 September in Yangon is organized to offer a more comprehensive outlook. Alok Agarwal, Senior Executive Director, Binani Cement will share more on India’s cement sector in a presentation titled, “Is The Recovery of Cement Sector in India Sustainable?”. A Senior Representative from Shwe Me Co Ltd will hold a session on “Cement Trading & Distribution Challenges in Myanmar”.

 

While the details of the conference are being finalized, you may Pre-Register here and reserve seats to attend the event. Enquiries may be forwarded to grace@cmtsp.com.sg

 

Source: Projectsmonitor.com