Logo of Phnom Penh Post newspaper Phnom Penh Post - New cement factory opens in Kampot

New cement factory opens in Kampot

Chip Mong Insee’s $262 million cement factory in Kampot province has a production capacity of 5,000 tonnes of cement a day. photo byline is caps, din light, 6pt, kerning -25
Chip Mong Insee’s $262 million cement factory in Kampot province has a production capacity of 5,000 tonnes of cement a day. photo byline is caps, din light, 6pt, kerning -25

New cement factory opens in Kampot

Chip Mong Insee Cement Corporation (CMIC) launched a new factory in Kampot province yesterday, with a total production capacity of 5,000 tonnes of cement per day.

The official opening of the $262-million factory was presided over by Prime Minister Hun Sen in the Banteay Meas district of Kampot, where the factory will occupy about 110 hectares of land. The plant is a joint venture between local construction conglomerate Chip Mong Group, which owns 60 percent of the shares, and Thailand’s Siam City Cement Corporation (SCCC).

Aidan Lynam, CEO of CMIC, said yesterday that cement products from the new plant would help fulfill the rising demand for cement in Cambodia, which was estimated at more than 6 million tonnes last year. According to Lyman, CMIC products would be able to meet 25 percent of the market’s total demand.

“We understand that the demand for cement in Cambodia will continue to grow strongly thanks to the rapid growth of the economy and population, that leads to the increase of the construction sector,” he said.

CMIC’s new factory is among five licensed cement factories in the country, which include plants operated by Kampot Cement, Cambodia Cement Chakrey Ting, Thai Boon Rong Cement and Battambang Conch Cement.

MOST VIEWED

  • EU parliament’s 13-point vote to decide on possible sanctions

    The European Parliament is due to vote on Thursday on a 13-point resolution on Cambodia – which includes a call for the treason charges against bailed opposition leader Kem Sokha to be dropped – a threat that could see the EU enforce a range of sanctions against

  • Government hits back at threats to pull EBA, suspend UN seat

    The spokesman for the ruling Cambodian People’s Party (CPP) has said the government is in no way concerned after the European Parliament gave it three months to reverse what it called the “systematic repression of the political opposition”. Ignoring the ultimatum could mean facing

  • Chinese influx pushing locals, Westerners out of Preah Sihanouk

    Some within the Kingdom’s tourism industry have speculated that the recent influx of Chinese visitors may hinder domestic tourism as the price of accommodations in the coastal city of Sihanoukville continues to rise. Preah Sihanouk province, which has become a hotbed for Chinese investment

  • Sar Kheng: Sokha requested security

    Interior Minister Sar Kheng on Sunday revealed the story behind the transfer of former opposition party leader Kem Sokha from Trapaing Phlong prison in Tbong Khmum province to his house in the capital. Speaking at the ruling Cambodian People’s Party (CPP) headquarters in Prey