Chinese companies to establish cement plant in Abyan
Yemeni Assas company signed Wednesday with Chinese CMC and Hong Kong Mix More companies a partnership agreement to establish a cement plant in Abyan governorate with daily production capacity 5000t, official news agency reported.
Source said the project, which will cost US$ 240m, is the first of its kind in Yemen and represents a direct fruit of president Saleh’s visit to Hong Kong last year.
Hussein bin Shuailah, the representative of Shuailah Group Co, signed the agreement on the Yemeni side and the chairman of CSM company, on the Chinese.
Published under Cement News
