On the morning of July 29, good news came from the Nepal project team. On July 28, Nepalese Prime Minister Sushil Koirala chaired a meeting of the National Investment Commission and approved the investment of Red Lion Group and Hope Cement Group in the construction of a 6000t/d cement production line in Nepal, marking that the Nepal project of Red Lion Group has entered the substantive implementation stage.
On July 29, the business and economic section of the Kathmandu Post, the local mainstream media and the largest English newspaper in Nepal, carried out a large special report on the Nepal project and interviewed Mr. Guo Ai, chairman of the partner Nepal Hope Cement Group Co., Ltd.
On March 17, Red Lion Group and Hope Cement Group formally signed a joint venture agreement in Kathmandu. The two sides jointly invested in the construction of a 6000t/d cement production line with a total investment of 350 million US dollars, which will become the largest cement production line in Nepal after completion.
According to Mr. Dhruba Thapa, Chairman of Nepal Cement Manufacturing Federation, there are 45 cement plants in Nepal, most of which are single production lines and small scale, which can not meet the local cement market demand, importing more than 1.2 million tons of cement annually (about 1.35 million tons in fiscal year 2013/2014), and maintaining an annual growth rate of 10%. The cement market has great potential.
At present, the Nepal project is carrying out mine exploration and other work, and the main project is expected to start within this year. The project adopts world-class cement technology, technology and equipment to produce cement in a safe, environmentally friendly and low-carbon way, so as to improve the overall level of Nepal's cement industry. After the completion of the project, it will produce 2 million tons of cement annually, increase more than 2000 local jobs, and promote the development of local logistics and other related industries.
Nepalese Prime Minister Sushil Koirala (right) attended the meeting of the National Investment Commission on the same day.
浙公网安备33010802003254号