Global Investment House, Bina: Tunisia venture

Global Investment House, Bina: Tunisia venture
Published: 31 July 2008

Kuwait’s Global Investment House signed an agreement with Tunisia’s Bina Holding to jointly develop Carthage Cement, a greenfield cement plant with capacity of 2Mta along with a ready mix and brick plant, Global Investment House said in a statement.

The area of the plant is about 220 hectares, of which 30 hectares are presently excavated and already into production and generating revenues. Switzerland ’s PEG is the project manager and HSBC is the advisor to the proje