Sinoma obtains EUR277m contract

Sinoma obtains EUR277m contract
Published: 02 July 2007

China National Materials Industry Group (Sinoma)’s subsidiary, Tianjin Cement Industrial Design and Research Institute, signed a general contract with the Egyptian Government on June 24th 2007, announced Sinoma on June 29th.

According to the contract, the institute will be responsible for construction of two 1.6Mta cement production lines located 50km from Sinai’s El-Arish in Egypt. With a total investment of EUR277m, construction of the project will last 33 months, involving mining, design, equipment supply, civil construction, equipment installation and technical services for the cement processing plants as well as two years for production technology management.