Cement News tagged under: Deshbandhu Group

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Procurement process begins for new Deshbandhu Group plant

19 March 2019, Published under Cement News

Bangladesh-based Deshbandhu Group and Guangdong Power Engineering Co Ltd are now seeking project finance for their proposed 1500tpd cement plant near Dhaka. The new facility requires a total investment of US$90m. Guangdong Power Engineering has secured half of this sum from one of China’s domestic development banks, according to Inside International Industrials. Guangdong Power Engineering will be responsible for design, procurement, construction, installation and testing, according to th...

Deshbandhu Group awards contract for 1500tpd plant

10 August 2018, Published under Cement News

Guangdong Power Engineering Co Ltd, an arm of Energy China, has won a contract to construct a 1500tpd cement plant for the Bangladesh-based Deshbandhu Group. The company is now seeking US$100m of funding for the project, which will likely be supplied by China’s policy banks and international policy banks, alongside the Bangladesh government and international bank consortiums, according to Inside International Industrials.