The project is being build under the name Caspi Cement Limited Liability Partnership (CCLLP) with a planned investment of EUR198m and will have a capacity of up to 0.8Mta of cement.
IFC plans a direct equity investment of up to EUR25 million and quasi-equity facility of up to EUR20m in CCLLP. IFC will also mobilise additional equity and quasi-equity funding totaling EUR54m from other investors.