CNBM Held Handover Ceremony for Cement Plant Acquisition Project in Tunisia

China Building Materials Group, held a handover ceremony for the acquisition of assets of CJO Cement Company in Zagwan Province, Tunisia, on the 15th. Jalal Taibib, director of the

Tunisian Foreign Investment Promotion Agency, told reporters that China's investment highlights the strong partnership between Tunisia and China and the confidence of Chinese enterprises in the Tunisian market, believing that the investment will bring a win-win situation. Wei Rushan, deputy general manager of

China Building Materials Group Co., Ltd. and President of China Building Materials Co., Ltd., said at the ceremony that the investment of Chinese enterprises in Tunisia will further optimize the market layout, introduce intelligent control system and advanced production technology, and promote the transformation of Tunisia's cement industry to an efficient and low-carbon direction. And train more excellent talents for the local area.

CJO Cement is the main cement company in Tunisia. At the end of March this year, Sinoma Cement Co., Ltd. acquired the company.