Nepal attracting big cement investments

The Nawalparasi district in Nepal is seeing a major influx of investment in new cement production plants, totalling NPR 65 billion (€529.12 million/US$595.63 million) thus far. Domestic player Sarbottam Cement plans to turn out 1,500tonnes/day starting mid-April 2016, when it launches two new brands. China-based Hongshi Holdings Group and Shivam Holdings Nepal are in a 70:30 joint venture Hongshi-Shivam Cement, establishing a NPR 30 billion plant near Dumkibas and Sardi that will be the country's lar
Quarry Products / February 18, 2016

The Nawalparasi district in Nepal is seeing a major influx of investment in new cement production plants, totalling NPR 65 billion (€529.12 million/US$595.63 million) thus far.

Domestic player Sarbottam Cement plans to turn out 1,500tonnes/day starting mid-April 2016, when it launches two new brands.

China-based Hongshi Holdings Group and Shivam Holdings Nepal are in a 70:30 joint venture Hongshi-Shivam Cement, establishing a NPR 30 billion plant near Dumkibas and Sardi that will be the country's largest with a 6,000tonned/day output.

CG Cement has put NPR 2 billion into doubling the 1,200tonnes/day capacity of its Dumkibas site, and plans new plants in neighbouring Palpa district for NPR 3 billion.

Nawalparasi is identified as a suitable location for cement production as it is close to the Indian border for easy raw material imports, and is in central Nepal from where goods can be easily shipped to other parts of the country.