Sinoma requires project finance for Phase III of Thanh Thang

Sinoma International Engineering Co Ltd is seeking project finance from international financial institutions to build the third phase of a 6000tpd Thanh Thang project in Ha Nam province, Vietnam, Inside International Industrials quotes the company’s General Manager, Mr Chen.

The estimated total project investment is US$220m. Sinoma signed the EPC contract with Thanh Thang Cement Group in May 2017. However, the subdued economy has resulted in the slow progress of the third phase. The initial design has been completed but work on the construction drawings has not started yet, said Mr Chen.