CONSTRUCTION will begin early next month on a US$17 million cement factory in Kandal province following the signing Monday of a joint-venture agreement between three companies, the factory’s landholder said Tuesday. 7NG General Manager Chheang Bora said Flanders Concrete NV Co of the Netherlands, Thu Duc Long An Centrifugal Concrete Joint Stock Co of Vietnam and Cambodia’s Sokchoeun Development Co took out a 99-year lease on the company’s Borey Santepheap II land development in Ksach Kandal district. Construction will be completed in six months, he said.
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