An industry ministry-owned company has retained Apave Vietnam to manage construction of a cement plant in the country’s northern mountainous region. Following a contract signed between Apave and the ministry’s Vietnam Industrial Construction Corp (Vinaincon) in Hanoi last Friday, the former will begin construction next month of the VND2.77 trillion (US$175m) Thai Nguyen Cement Plant in Dong Hy Town of Thai Nguyen Province. It is expected to be completed in 28 months after which, according to Vinaincon, it would produce 4,000 tonnes of clinker per day.
The plant is expected to help to restructure the province’s economy, increasing the ratio of industrial production, further develop its infrastructure, and create more jobs for locals. During the signing ceremony, Nguyen Cong Phu, general director of Apave Vietnam and Southeast Asia, said: "We hope the project will also help further develop Vietnam’s cement industry".