Cement News tagged under: Bangladesh Chemical Industries Corporation
Bangladesh and Saudi Arabian JV cement plant in doubt04 January 2023, Published under Cement NewsState-owned Bangladesh Chemical Industries Corp (BCIC) has threatened to withdraw from a Saudi-Bangladesh joint venture under which a cement factory is to be built in Sylhet's Chhatak borough, Bangladesh. In a recent letter to the Ministry of Industries, BCIC has sought the pull out of the joint venture as it found irregularities, cost escalation and anomalies by their counterpart. The deal for the joint venture between the two countries was signed during Prime Minister Sheikh Hasina'... |
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